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From a property tax to a land tax – who wins, who loses?

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  • Wyatt, Peter

Abstract

Whilst the theoretical case in favour of a tax on the value of land (a land tax) is well established, examples of its implementation in practice are relatively few in number. Where a land tax is levied, it is often part of a suite of land and property taxes that includes transfer taxes, wealth taxes betterment and recurrent taxes on land and property. Rarely is a land tax the sole mechanism for taxing real estate. Yet there is no shortage of land tax supporters, even in countries where other forms of real estate tax have a long history. England is one such country, where real estate taxes have existed since the 17th century in one form or another. Despite coming close at the beginning of the 19th century, governments on the left, right and in the centre ground of political discourse have not implemented a land tax.

Suggested Citation

  • Wyatt, Peter, 2019. "From a property tax to a land tax – who wins, who loses?," Land Use Policy, Elsevier, vol. 88(C).
    • Handle: RePEc:eee:lauspo:v:88:y:2019:i:c:s0264837719307975
    DOI: 10.1016/j.landusepol.2019.104172
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    References listed on IDEAS

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    1. Mr. John Norregaard, 2013. "Taxing Immovable Property Revenue Potential and Implementation Challenges," IMF Working Papers 2013/129, International Monetary Fund.
    2. John Hills & Holly Sutherland, 1991. "The proposed Council Tax," Fiscal Studies, Institute for Fiscal Studies, vol. 12(4), pages 1-21, November.
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