Land Value Tax is not the same as real-estate tax. The former applies only to the site value and not to the "improvements" in the form of buildings etc. The effect of taxing land values should not be so hard if it is introduced slowly especially if it is used (as it should) to replace income and purchase taxes. Although a selfish few will undoubtably object to this arrangement, the vast majority will greatly benefit, no so much from paying smaller taxes as from finding that sites that were held out of use for purposes of speculation, now are made available, with a resulting reduction in the cost of use of the land in general and an increase in the amount of employment. Both the demand and the supply of goods will be eased by more people having more cash to spend on the cheaper produce that results. It will also help us to export more and balance the present international situation of money only going out. Remember, the cause of our present economic crisis was due to the bursting of the bubble of real-estate prices, and this speculation was assisted by both the banks and the government. TAX TAKINGS NOT MAKINGS.