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Georgists would argue that the rising land value came from public investment (the highway), not private effort, so the unearned gains from speculating on that l
by SwtCyber 1y ago
Georgists would argue that the rising land value came from public investment (the highway), not private effort, so the unearned gains from speculating on that land should be taxed. The idea isn't to stop people from buying land, just to capture the value society created.
- euroderf 1y agoLikewise for subway extensions.