49 ms·
> The tax on human capital indeed has a negative effect on its accumulation. ... An increase in the tax on savings has an immediately negative effect on the gro
by nayuki 4y ago
> The tax on human capital indeed has a negative effect on its accumulation. ... An increase in the tax on savings has an immediately negative effect on the growth rate
So, tax unimproved land instead? https://en.wikipedia.org/wiki/Land_value_tax https://en.wikipedia.org/wiki/Land_value_tax , https://en.wikipedia.org/wiki/Georgism https://en.wikipedia.org/wiki/Georgism
- joeamroo 4y agoYou might wanna challenge your priors: https://www.orionsarm.com/fm_store/Critique%20of%20Georgism.htm https://www.orionsarm.com/fm_store/Critique%20of%20Georgism....