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Endorsement

"Removing almost all business taxes, including property taxes on improvements, excepting only taxes reflecting the marginal social cost of public services rendered to specific activities, and replacing them with taxes on site values, would substantially improve the economic efficiency of the jurisdiction."William Vickrey, professor of economics and Nobel Laureate

 

Eight Nobel Laureates in Economics have endorsed a tax on land values rather than on production.

 

Enabling Legislation for Washington State

Legislation Establishing LVT Study commission HOUSE BILL 2768 State of Washington 53rd Legislature, 1994 Regular Session By Representatives Romero, Thibaudeau, Brown, Anderson, Holm and Jones Read first time 01/24/94. Referred to Committee on Revenue.

Enabling Legislation Washington State.pdf — PDF document, 49Kb

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