Leon Phat           

If you're a land owner, land value tax reduces the sales price of land, meaning the mortgage on land value comes down just as the tax on land value goes up. If the land value tax collected 100% of the potential rent, there would be no sales price of land . . . no mortgage on land value!Consider using this space to introduce your page. Just click to add your own content.

You can use this page for anything you like, but we recommend focusing on one or two related topics to avoid confusing your readers. Remember that you can always add more pages if you need them.

1. Leon Phat will fast track business development in the city. Entrepreneurs and businessfolk will receive VIP treatment and their businesses will be fully turn-key from the City's perspective in 60 days or less, with a goal of one month. All requirements, including site building/improvements require-ments listed in full within one month of application, and all licenses issued within two weeks of satisfaction of those requirements.

2. No business taxes! Simple. No business taxes. Phat wants your energy and economic endeavor in this city.

How do we pay for this service? Through the Community Benefit District Land Rent Tax (CBDLRT). A tax of 1/10th of 1% (.001) of the assessed value of land of every parcel in the district will be made available to speed and encourage business development in 'San Francisco.

Never forget that taxes on land values don't add any cost to anyone. They are not an "add-on" tax. Instead, they retrieve the value added by community to the rent you already pay.