4 ms·
> The main Georgist policy recommendation is a tax assessed on land value. Georgists argue that revenues from a land value tax (LVT) can be used to reduce or el
by revnode 6y ago
> The main Georgist policy recommendation is a tax assessed on land value. Georgists argue that revenues from a land value tax (LVT) can be used to reduce or eliminate existing taxes (for example, on income, trade, or purchases) that are unfair and inefficient.
Fine in theory, the reality is that you get nailed for property taxes AND income taxes AND sales taxes AND everything else. If a government CAN tax it, it will and will not restrain itself.