It's not a great move career-wise to recommend something like this as an economist. Lots of funding/jobs/prestige comes via wealthy interest groups who would ab

It's not a great move career-wise to recommend something like this as an economist. Lots of funding/jobs/prestige comes via wealthy interest groups who would absolutely loathe a land value tax. It was mooted in the UK last year and some of the newspapers (owned by wealthy landowners) went ballistic: http://www.dailymail.co.uk/news/article-4575382/How-Labour-garden-tax-hit-YOU.html http://www.dailymail.co.uk/news/article-4575382/How-Labour-g... https://www.telegraph.co.uk/news/2017/06/03/labours-garden-tax-hit-10million/ https://www.telegraph.co.uk/news/2017/06/03/labours-garden-t... The stock market would likely take a dive if this was implemented too, since a lot of company profits are predicated upon parasitic land value extraction (Trump's businesses are a good example). Politicians are usually wary of policies that might cause the stock market to take a dive because of the optics.