Political Feasibility

insights

71% of Democratic voters and 56% of Independent voters support universal basic income, while only 34% of Republicans (a 7% percentage point increase from eight months prior). LVT might be more politically feasible in jurisdictions where the changes for homeowners/voters would most likely be beneficial. Traditional policies to control urban sprawl can rub against commitments to private property rights. Land value taxation offers an alternative that's amenable to conservatives and progressive alike. In 1911, J.J. Pasoriza, Houston's first Hispanic mayor, implemented a short-lived assessment and land tax policy known as "The Houston Plan". A group of Nobel Laureate economists co-signed an open letter sent to Gorbachev in 1990 advocating a land value tax, urging Russia not to follow the Western economies in the "danger" of allowing most of the rent of land to be collected privately. Co-signers included Robert Solow, James Tobin, William Vickrey, and William Baumol.

sources

Open letter to Mikhail Gorbachev Does Georgism Work, Part 3: Can Unimproved Land Value be Accurately Assessed Separately From Buildings? Measuring the Effects of a Land Value Tax on Land Development Evidence on the Distributional Effects of a Land Value Tax on Residential Households Majority of voters now say the government should have a universal basic income program

authors

Lars Doucet Roland K. Roberts Seung Gyu Kim Seong-Hoon Cho Elizabeth Plummer

reports

Land Value Tax Basic Income