I retired from a secure, well-paid job as a lecturer at the University of Leeds and began farming full-time. After 26 years of farming in Fife I am supposed to pretend that our farm business
Continue ReadingMonth: January 2019
AGR includes natural resource rents such as those deposited in Norway’s $1tn oil fund
When considering AGR, do bear in mind that the $1tn Norweigian Oil Fund is composed of AGR in the form of oil rents. Just one strand of Annual Ground Rent, the equivalent of which has
Continue ReadingLand Tax best for farmers – and everyone else too
In his letter published in this week’s Scottish Farmer, Fife farmer and economist, Duncan Pickard, highlights misconceptions in Reading University’s report to the Scottish Land Commission on Land Value Tax, and explains why land rent
Continue ReadingPeople’s Budget No. 3 Insanity at HM Treasury
Nick Macpherson (now Lord Macpherson) came out as a proponent of the land tax (AGR/LVT) at a Resolution Foundation conference in London in October 2018. But his advocacy of the policy over three decades at
Continue Reading