Land Value Taxation (LVT) would level the playing field between new farmers and established mortgage-free farmers who presently have a huge (‘I was on the island first’) advantage.
By untaxing jobs and improvements, LVT would bias towards labor-intensive, structure-intensive, value-added farming; this would mean a bias towards organic farms (which both uses less land and uses it more intensively).
An exciting project has been initiated in Canada. After discussions with Georgist economists including Frank Peddle, Karl Fitzgerald, Richard Pereira, and Gary Flomenhoft, an established Canadian organization has released an RFP inviting economists to calculate the available economic rent in Canada. The spearheading organization, UBI… Read More »RFP launched to determine Canada’s rental value
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