They did not consider LVT. It might have been the time to, when Values were at their peak (although it was likely too late by then). It is still not the time. It certainly can't be used as a single tax in today's economy - there is too much to spend money on to reverse the current situation. I could see an LVT if the proceeds were to go to bail out people who have lost land value so that they are under water on their mortgages - however that kind of defeats the purpose of the LVT. Right now, it would only exacerbate the current collapse of the price system. I'm not sure when a good time to put in an LVT would be. Maybe after the market clears out the bad mortgage debt but before the price starts to go up again. You would almost have to nationalize the entire banking system first and have the taxpayer consent to permanent mortgage loan losses - however that would likely cause an international currency collapse since to do this you would have to in effect destroy the promise of the full faith and credit of the United States. Macrocompassion - how would you implement in the current economy? Describe winners and losers and how to/whether to compensate the losers.