Summarizing studies of the impacts of land value tax (LVT) in the economic literature. Where possible, citations contain empirical investigations.

• LVT discourages land speculation and lowers vacancy rates

• LVT encourages infill and discourages urban sprawl:

• LVT increases the rate of housing construction

• LVT lowers rents

• LVT is not passed on into higher rents, instead it lowers land prices:

• LVT increases the rate of business formation

• LVT increases employment and output

• LVT improves tax compliance and lowers rates of tax foreclosure

• LVT is efficient, it does not distort economic decisions or create deadweight loss:

• LVT incentivizes optimal municipal governance, makes good public investments self-funding

• LVT will reduce inequality, challenge land’s underlying role in inequality

• Additional claims