This is a worthy idea, although hardly groundbreaking. Over a hundred years ago[1] economist Henry George was advocating for a “single tax” on economic rents,

This is a worthy idea, although hardly groundbreaking. Over a hundred years ago[1] economist Henry George was advocating for a “single tax” on economic rents, from land to intellectual property. The idea being that those who own monopolistic rent extractors (only the owners of the land can use it to make money, etc) tend to be wealthier, and taxes on economic activity like income and sales tend to fall disproportionately on the poor. [1] https://en.m.wikipedia.org/wiki/Henry_George https://en.m.wikipedia.org/wiki/Henry_George