3 ms·
One good reason to tax land is that its one of the few resources that we can't expand production of. Until traveling to other planets is cheap, land is a very l
by adgjlsfhk1 5y ago
One good reason to tax land is that its one of the few resources that we can't expand production of. Until traveling to other planets is cheap, land is a very limited resource so it is a major benefit to prevent the rich from hoarding it. For much of early Roman history, it was illegal for anyone to own more than a certain amount of land.
- youngtaff 5y agoIt also doesn't move! Income tax can be shifted to capital gains, of corporation tax can be shifted to other domiciles etc.