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The Global Land Tool Network (GLTN) contributes to the
implementation of pro poor land policies to achieve
secure land rights for all. Read more...

Home arrow Tools arrow Tool Development arrow Global arrow Land Value Taxation

May 21st, 2012

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Facts
Land Value Taxation/Capture

Land value capture recovers the value that public spending on services and infrastructure gives to land, distributing it to all citizens equitably. When robustly implemented, land value capture eliminates incentives for land speculation and hoarding. This reduces and stabilizes land prices, keeping land accessible and affordable for those who need it. By replacing harmful, unfair taxes on production, exchange and wage labor, land value capture increases wealth production while ensuring a fairer distribution of wealth – both essential in order to dramatically reduce poverty. 

More information on GLTNs draft documentation on land value capture can be found on the following site:

http://www.earthrights.net/wg/ 

Related Publication

Municipal Revenue Generation Through Property Taxation: The Case Of Hargeisa, A Somali City