Over one third of our socially produced surplus is privatized and needs to be reclaimed

Land owners at Westminster designed the current UK fiscal arrangement by which over one third of our socially produced surplus (the red slice) is reserved for site owners. Not only does this explain our starved public services, but also inequality, social exclusion/disintegration, cultural damage and premature deaths at the margin.

The mechanism by which this monstrous theft from the public purse can be recovered is Annual Ground Rent (less well described as Land Value Tax).

Holyrood can make a start now by swapping devolved Income Tax for a locally collected Annual Ground Rent, which would also replace the Council Tax, Business rates and LBBT.

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