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Georgism makes it possible for the government to profit off the infrastructure it builds, which makes it possible to fund public transportation projects without
by imtringued 9d ago
Georgism makes it possible for the government to profit off the infrastructure it builds, which makes it possible to fund public transportation projects without the tax payer having to pay income tax.
Instead the people who benefit from the infrastructure have the bill for the public transportation system rolled into their land value tax.
Right now in the current system you pay both income taxes and then you pay the landlord again because to him as the monopoly owner of land, the public infrastructure is pure producer surplus.
The demographic that would be favoured under that system is people who work for a living and the people being disadvantaged are the ones sitting on land or extracting the producer surplus.