It can be frustrating arguing with f**k wit economists about LVT.
One group of right-wing zealots will say that location values don't exists. They are merely the symptom of a regulation crazy Government. The free-market will sort it all out.Another group of right-wing nasties will concede they do. But they say these values are only created by individual landowners. To them, the claim they are socially created is dangerous Commie nonsense. If location value is individually created, "taxing" it will produce the same negative outcomes as taxing capital.Reason, common sense, and observation cannot persuade them they are wrong. Perhaps mathematics can?
Debate Magazine
