Call for land tax to compel developers to build on vacant sites

imageIrish Times: SVT (Site Value Tax) is the most equitable, efficient and effective property tax option for the Government. Unlike a conventional property tax that taxes the ‘improved’ portion of the property, ie the buildings and thus penalises construction, SVT is non- distortionary, creates no economic drag and has minimal adverse effects. Read article

Just like the Green Party was saying years ago … (2009)