{"id":29927,"date":"2015-08-03T07:24:22","date_gmt":"2015-08-03T06:24:22","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=29927"},"modified":"2015-08-03T07:24:22","modified_gmt":"2015-08-03T06:24:22","slug":"if-only-we-had-a-land-value-tax","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2015\/08\/03\/if-only-we-had-a-land-value-tax\/","title":{"rendered":"If only we had a land value tax"},"content":{"rendered":"<p>The <a href=\"http:\/\/www.ft.com\/cms\/s\/0\/f2a2edda-3783-11e5-bdbb-35e55cbae175.html#ixzz3hjLbMmsy\" target=\"_blank\">FT notes this morning <\/a>that:<\/p>\n<blockquote><p>Buyers spent \u00a31.8bn on land for property development in central London in the second quarter of 2015, according to figures from <a class=\"wsodCompany\" href=\"http:\/\/markets.ft.com\/tearsheets\/performance.asp?s=us:CBG\" data-hover-chart=\"us:CBG\">CBRE<\/a>, the world\u2019s largest property adviser. This is the highest level since 2007, and up 118 per cent year on year.<\/p><\/blockquote>\n<p>If only we had a land value tax so much of that gain would be captured for public good.<\/p>\n<p>As it is we allow much of it to pass from our hands. And that will even have included the gains if the land was registered in tax havens, as so much is.<\/p>\n<p>The time for reform of land taxation has come.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The FT notes this morning that: Buyers spent \u00a31.8bn on land for property development in central London in the second quarter of 2015, according to<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2015\/08\/03\/if-only-we-had-a-land-value-tax\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35,144],"tags":[],"class_list":["post-29927","post","type-post","status-publish","format-standard","hentry","category-economics","category-land-value-taxation"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/29927","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=29927"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/29927\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=29927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=29927"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=29927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}