Land Value Taxation - by Dick Netzer (Paperback)

Book Synopsis

Whatever the political potential of land value taxation as an important revenue source may be, economists continue to be intrigued by the theoretical case for a land tax. This collection of eight scholarly papers and ten commentaries is derived from a 1998 Lincoln Institute conference that explored land value taxation in contemporary societies.

Review Quotes

"A century ago the most widely read book on economics was Henry George's Progress and Poverty (1879). Although George's proposal to abandon taxes on man-made capital and labor and instead to finance government by a tax on land value was not adopted, the potential advantages of such a tax have substantial support. The scholarly essays and commentaries in this volume provide fresh analysis on both the merits and adverse effects of implementing a land value tax. These issues and their relationship to contemporary property taxation policies are relevant to every American community."--C. Lowell Harriss, Professor of Economics, Emeritus, Columbia University

"Policy makers at local, regional, and national levels will find that this volume addresses both the theoretical and practical aspects of land value taxation, including the measurement of land value and the efficient and equitable administration of annual levies. It demonstrates the relevance of land value taxation for the 21st century, particularly as a fiscal tool for local government. This book is a landmark in land taxation studies."--Oliver Oldman, Learned Hand Professor of Law, Emeritus, Harvard University

"This is an important book. The wide-ranging papers, using modern techniques of tax analysis, and the accompanying discussion show that land value taxation is not just a quaint idea from the history of economic thought, but a form of taxation that merits serious consideration in the United States and in countries throughout the world. The findings--provocative and often controversial--pose a series of fascinating economic and ethical questions."--Wallace E. Oates, Professor of Economics, Emeritus, University of Maryland

About the Author

Dick Netzer was emeritus professor of economics and public administration at the Robert F. Wagner Graduate School of Public Service at New York University.