Recent research suggests that it may be possible to implement value capture taxes on a more equitable basis.
There is currently considerable interest in value capture as a means of funding public infrastructure. While opinions differ regarding the contribution that value capture can actually make to the funding task, there seems to be broad consensus to the concept – that those who financially benefit from the provision of publicly funded infrastructure should make an appropriate contribution towards the cost of it.
Taxpayers already contribute to the cost of our publicly funded roads, railways, light rail, hospitals, schools and other infrastructure via the taxes that they pay. And those who use certain infrastructure, such as toll roads and public transport systems, pay tolls, fares or other user charges that help to fund the cost of providing such infrastructure.
