In a recent article in the Guardian Phillip Inman argued: ‘Amid all the talk of rebalancing the economy, there is little mention of the most powerful lever the government could pull to generate growth, which involves a switch from taxing income to taxing wealth’. He explains that ‘levies on land values do not depress wealth creation and are easy to assess, cheap to collect and hard to avoid’.

In his article he acknowledges Fred Harrison as ‘the doyen of LVT proponents’ and refers to his book, Boom and Bust, a sign of the growing recognition of Harrison’s efforts to draw attention to the unfairness of our present tax system, called ‘progressive taxation’, which in fact transfers wealth from the poor to the rich – see his Ricardo’s Law. For a Scandinavian example of this wealth transfer follow this link to YouTube.