LVT - An affront to all we hold dear.
Call me slow but I think the reason I couldn't understand his arguments before is that I didn't realise he was using words in ways that are different to the ordinary meaning of them.
Taxes on wealth are things like income tax...Land is an entitlement to wealth and not wealth in itself...
In my simplistic view there are two sorts of taxes, tolls and confiscations.
Tolls are a demand for a share of some sort of transfer. Society enables you to conduct some business and it is just that a portion of that business; such as hiring out your labour, taking possession of a new pair of shoes; goes to towards paying the costs of providing the environment that enables such transactions.
Confiscations are just that, You have a nice stamp collection, every year you must sell a couple of stamps because society demands you hand over a proportion of your stamp collection wealth. Just because it can demand money with menaces.
In everyday terms, car tax is a confiscation, petrol duty is a toll.
Your shiny big car doesn't cost society anything if it is on your drive. Speeding up the M4 does.
Income tax, VAT, Stamp Duty etc are tolls. Confiscatory taxes are "wealth" taxes.
An Englishman's home is his castle and all that. Once you have possession of something, whether it is a Penny Black or an acre of Berkshire, it is yours, and yours alone. There should be no further mulcting from it. It is un-English, it is not our way, it is wrong.