An LVT discourages searching for new uses of land (eg prospecting for oil)
One, I am happy for my government to discourage fossil fuel mining and tax it heavily, but this “tax disincentivises…” is pretty bogus because the value of the land won’t exceed the profits you make from it, and taxing corporations who make loss of money from natural resources that they didn’t create is good, not bad.
An LVT discourages developers from building infrastructure or developing nearby plots
Which developers ever built non essential Infrastructure?
The really really simple solution to high Land Value Tax from owning the land under large developments is to sell the land along with the housing or other buildings you built; don’t become a landlord. This is THE WHOLE POINT of a land value tax. Landlords use their land ownership to extract an income using an asset they refuse to sell outright from someone that needs it. House prices fall because they can’t be used to extract an income, and they become worth what they are, rather than worth what value can be extracted for no benefit from tennants. This is an advantage, not disadvantage.
The article goes on to engage in more speculative FUD but I’ve run out of energy for this gish gallop.