The value of land is the result of the productivity of society and the bounty of nature. Would you consider the massive growth in property values over the last

The value of land is the result of the productivity of society and the bounty of nature. Would you consider the massive growth in property values over the last 30 years an earned benefit? What have landowners done to deserve this bounty besides owning an irreproducible asset? An empty lot held out of productive use will appreciate just as much as the same land put to productive use as the city around it grows and technology advances. >Do you consider the salary you work for an unearned social benefit? On the contrary, I consider the wages of labour and the return on capital to be the actual earned benefits. Yet these are the things we tax. So the wealthy claim no income, hold their assets, and never realize capital gains, and multinationals play accounting games and pretend that all of their profits happen in the lowest international tax jurisdiction. Sales taxes and personal income taxes end up being the majority of government revenue. Land value taxes are much harder to avoid, they reward investment by not taxing it, and they promote efficient use of the land, which is the one thing that you need to do anything and the only thing that we can't get any more of.