would that result in less collection of taxes or more? because current implementation of cascading effect means more and more taxes are incurred, which while increases the price of property, gives taxes to government which is just that
Whether the overall tax take is more or less depends on the LVT rate! But I think proponents of LVT say that when introducing the tax the rate should be set so that the overall tax take is the same.
The point of land value tax is to remove all those other taxes (at least, I wouldn't support introduction unless it did).