Petition A commission to investigate the feasibility & introduction of a Land Value Tax
In light of the recent Inheritance Tax changes, we call on the government to establish a commission to investigate the feasibility & implementation of a Land Value Tax (LVT) as a replacement for property taxes. We believe this could reduce the tax burden on people's work on their property.
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We believe a Land Value Tax, based on the unimproved value of land rather than property or income, may offer a fairer, more efficient, and sustainable way to generate public revenue. Unlike property taxes, which we think penalize homeowners for improving their properties, a LVT could incentivize the productive use of land while potentially discouraging land speculation and underutilization.
At 10,000 signatures...
At 10,000 signatures, government will respond to this petition
At 100,000 signatures...
At 100,000 signatures, this petition will be considered for debate in Parliament