Land Value Tax

Land monopoly is not the only monopoly, but it is by far the greatest of monopolies — it is a perpetual monopoly, and it is the mother of all other forms of monopoly…Roads are made, streets are made, services are improved, electric light turns night into day, water is brought from reservoirs a hundred miles off in the mountains—and all the while the landlord sits still.”

GB-ChurchillPoster1

That was what Winston Churchill said about Land Value Tax in 1909. But what is it and why should I care?

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