Tax the land

2 Responses

  1. David Harold Chester says:

    Taxing the land is almost impossible to introduce because we already pay arnona which is partly based on the existing status of the site in question. Instead we need a new law by which the land (or its fraction in the case of blocks of appartments), is sold to the government. For all new land transactions to include the sale of the property but without the land value which simultaneously is sold to the government. This is instead of its purchase by the new land occupier. The new occupier of the buildings or site for use, then pays a lease fee instead of ground-rent, to the government and this is equivalent to a land value tax but is now not going to offend the previous land owner and the new owner (having got free access rights to the site),will recognize it as no worse than if he/she pays the ground rent.

  2. What is ‘arnona’?
    When you say the land is sold to the government, you mean tax payers (who pay taxes mostly as a penalty for producing) will be paying speculative prices for land and then who collects the land rent? If the government doesn’t collect the land value then someone else will. So why not skip the step of the government ”purchasing” the land and just collect the land rent?¿?¿

    If you mean for the new owner to pay the lease fee to the government as land rent, then you would have to wait until every piece of land changes hands before collecting the land rent. Just have the government collect the land rent now.

Leave a Reply

Your email address will not be published. Required fields are marked *