Hansard 4 May 1931
Commons Sitting
ORDERS OF THE DAY
The Chancellor of the Exchequer
(Mr Philip Snowden)
1933 - 34 Financial Year
"... a tax at the rate of one penny for each pound of the land value of every unit of land in Great Britain..."
"By this measure we assert the right of a community to the ownership of land. If private individuals continue to possess a nominal claim to the land they must pay to the community for the enjoyment of it, and they cannot be permitted to enjoy that privilege to the detriment of the welfare of the community."
The Chancellor of the Exchequer (Mr Philip Snowden)
1933 - 34 Financial Year "... a tax at the rate of one penny for each pound of the land value of every unit of land in Great Britain..."
"By this measure we assert the right of a community to the ownership of land. If private individuals continue to possess a nominal claim to the land they must pay to the community for the enjoyment of it, and they cannot be permitted to enjoy that privilege to the detriment of the welfare of the community."