SFR's proposals for collecting
annual rental values without the pain,
routing around the roadblocks, avoiding economic seismic events and
of course in a politically achievable way.
routing around the roadblocks, avoiding economic seismic events and
of course in a politically achievable way.
A robust policy option: LVCs.
The
Systemic Fiscal Reform Group believes that any cure to the economic
malaise must include development of an alternative to the private bank
mortgage. From an economic perspective, the mortgage has three serious
defects :
We
are currently seeking Queens Counsel to investigate if the LVC can
avoid changes to the law and statute through the use of rent charges. If
so, they can be adopted immediately. | A policy that:
LVC’s are a politically mundane, non windfall creating, stable financial policy for collecting the economic rent of land for public revenue. By adopting LVC’s there is no longer a need for the following dependency cultures
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