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Line 115: === Consequential Arguments === Georgists believe that implementation of a Land Value Tax would help with problems such as [[w:Speculation\|Speculation]] and undeveloped land, as well as being able to cut down on other taxes, among others. Georgists believe that because an LVT taxes unimproved land, Land Hoarders who just buy land and wait for it to become more expensive as time goes on without improving it will be paying the value of that land completely, giving them no real profit.

Georgism (view source)