FAQ About Location Value Covenants

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one year ago | robinsmith

How does this deal with the financial economy?

Who would you like to pay your rent to: the bank in mortgage interest or government for public purposes? Sure neither have a great record as good for the people. But at least government provide something in exchange for your hard earned. Banks do not lend their own money, nor do they give anything in a fair exchange for your interest payments. This isn’t an attack on banks, they would still have a useful economic purpose. It is merely pointing it all out. It’s up to you to decide now you know more about it.

Other Questions About Location Value Covenants

What is the primary purpose of LVC’s?
What is your policy idea called?
Where did the idea come from?
What was the biggest roadblock you found to LVT?
LVT supporters claim landowners acquired these assets illegally or against 'natural law' and see they should be fully recovered without question. How do you respond to this?
If a confiscation policy such as LVT is bound to fail, how else can the economic rents be collected?
What exactly are you proposing with LVC's then?
Who would want to do it at inception?
How does this deal with the financial economy?
What is your roadmap for abolishing all the big taxes on the production and exchange in the real economy?
What about taxes lost from high earners or those who do not enter into an LVC. What about their tax revenue forgone?
What about the big land owning estates?
What about bank assets, balance sheets, cash flow and financing it all?
How could we avoid the highly taxed and also tenants joining the scheme leaving the government with a depleted revenue from both rents and income tax?
This sounds like a scheme which will be very slow to adopt. The longer it takes, the more likely it is to be undermined surely?
Is the increasing price of locations the only economic rent?
Where can I find more information in detail?
See all questions about Location Value Covenants