Abstract
In this paper, it is argued that a more equitable distribution of the values derived from land is an important precondition for fairer society and an important practical way of securing resources for public services. Betterment taxation is a technically feasible but politically difficult way of achieving this. Following a broad review of the policy and technical background to land values and the various forms of land and betterment taxation in England, an outline sketch of a new system is set out for a betterment tax that is progressive, efficient, effective and transparent. It is concluded that a gradated betterment tax could reinforce the achievement of socially inclusive place making. Even a modest redistribution of the benefits which flow from the development of land could be transformational for many of our communities.
Published Version
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