4 ms·
> you can hit probably 98% of wealth by just taxing the calculated value of owned land and buildings (which is already being appraised for property taxes in mos
by pjmorris 9y ago
> you can hit probably 98% of wealth by just taxing the calculated value of owned land and buildings (which is already being appraised for property taxes in most states)
Henry George proposed this in the 1800's [0]
[0] https://en.wikipedia.org/wiki/Georgism https://en.wikipedia.org/wiki/Georgism
- dredmorbius 9y agoAnd David Ricardo prior to him (George credits Ricardo lavishly, though I seldom see this mentioned).
- conanbatt 9y agoAnd Milton Friedman after both of those