FAQ About Location Value Covenants

Individual LVC's are not the same as a national wholesale policy. Each new contract would mean immediate adoption for that plot. If it does indeed benefit the owner more than the alternative, the policy would spread to the extent it is successful and not undermined by propaganda wanting to blind people to it. If none were ever adopted what would be the loss economically and politically? Things would continue as before - sad but true. For LVT if the single tax was undermined(LVT is a litany of failure), years or work and taxation are wasted preparing it and governments might fall because the failure would be so visible.