The recent conclusions about the non-neutrality of land value taxation are shown not to invalidate the neutrality result for per unit land taxation (or even use-independent land value taxation, as in Vickrey's standard state scheme). Also the neutrality of current rental income taxation is shown to depend on time-invariant tax rates; if tax rates change over time, the timing of land development can be distorted in a way similar to that which occurs under current market value land taxation.

David E. Wildasin / dew@davidwildasin.us