Answer to getting UK out of recession is land tax
BUILDING trade in the doldrums – why? The price of building land is far too costly. Answer – an annual site value tax on all land.
Land has no value itself. Enterprise, skill and hard work creates value.
Such a tax would reduce or replace income tax on earnings at work.
More land would come on to the "free market".
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Land prices will fall, more houses will be built, moving the UK out of the recession.
Gordon K Moore
St Clare's Close