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A single reform would provide a natural and equitable source of public revenue, spur the economy, revitalize urban areas, reduce urban sprawl, protect private property, reduce government bureaucracy, and increase prosperity without unjust privilege. | Known by various names, such as ground-rent, location rent, site value rating, and land value taxation; this reform is based on principles as old as the Bible, revived over two centuries ago, and established and proven in over 700 communities world-wide, including several in the United States. Endorsed by many classical as well as modern economists, this reform has been completely ignored by current political leaders in Indiana. | For our purposes, we will refer to this reform by its most common, modern name - Land Value Taxation, or LVT. For a quick presentation, click here. For further information, please visit the Links Page. |
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