Land Tenure Reform Association
The reform pressure group John Stuart Mill founded (1870–71) to campaign for taxing the future unearned increment of land rent — the institutional bridge between classical rent theory and the Georgist movement, and the direct ancestor of the 1909 land duties.
Overview
The Land Tenure Reform Association (LTRA) was the pressure group founded under John Stuart Mill's leadership (1870; programme with explanatory statement 1871) to advance his land program — most distinctively, the taxation of the future unearned increment of rent: increases in land value arising from population and social growth rather than owner effort would be captured for the public, prospectively rather than confiscating past gains.[1] The wiki's Mill on Land and Taxation page carries the LTRA's programme and manifesto in detail, including the contrast with the later, more thoroughgoing single tax movement: a reform association of notables versus George's mass electoral movement.[1] Blaug's history notes the LTRA line — Mill's "milder proposal" — is the one that eventually reached the statute book, in the 1909 People's Budget's land duties and the 1947 Town and Country Planning Act's development charge.[2]
See Also
- John Stuart Mill — founder
- Mill on Land and Taxation — the programme in detail
- Narrative: The Unearned Increment — the idea it institutionalized
- The 1909 People's Budget — the legislative descendant
Sources
- John Stuart Mill / LTRA, Programme of the Land Tenure Reform Association, with an Explanatory Statement (London, 1871) — used for the founding, programme, and unearned-increment plank (cited at locator level on the wiki's Mill research page, through which this stub cites).
- Mark Blaug, Economic Theory in Retrospect (5th ed., 1997), Ch. 3 §11 — used for the LTRA's place in the rent-taxation lineage and the 1909/1947 descendants (A-claims; provenance-pending scan — see the book page).