Urban office land is easily more expensive. I say the land value tax (LVT) is best grouped with Pigouvian taxes; as PP says, normal property tax relatively inc

Urban office land is easily more expensive. I say the land value tax (LVT) is best grouped with Pigouvian taxes; as PP says, normal property tax relatively incentivizes holding undeveloped land, which is like charging a higher carbon tax if your car has a better MPG. One one hand, we can also do a VAT in developed countries --- perhaps more feasible than in the 19th century and making more sense if we are no longer rapidly developing and reliant on private investment to foster those changes --- on the other hand in big closed economies we can also just print money quite safely, so Henry George is quite right to focus Pigouvian taxes when "taxation for the revenue" is far less important than curbing bad material outcomes. (I only suggest VAT with a UBI to make it no longer regressive.)