Saturday, March 13, 2004

Scottish Greens unveil land tax proposals: "The Scottish Green Party has unveiled plans to scrap the council tax and introduce a levy based on land values. The Greens' land value tax would be paid locally and would be calculated on the value of land. Under the system the owners of prime locations would pay more than those owning marginal and run-down land. The tax could also boost re-generation as owners who develop their land would pay less compared to those who sit on derelict and under-developed land."

"Green finance spokesman Mark Ballard said Labour and Liberal Democrat MSPs might back their idea, which would give it a majority in the Scottish Parliament... Similar systems of land taxation already operate in Denmark, South Africa, Jamaica and Australia."

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