I am familiar with Georgist ideas but I didn't expect to see them in the Atlantic. The single land value tax is perhaps the least evil of all tax systems, but i

I am familiar with Georgist ideas but I didn't expect to see them in the Atlantic. The single land value tax is perhaps the least evil of all tax systems, but it has serious flaws (beyond simply being a tax in the first place). 1) It is difficult or impossible to properly assess the unimproved value of the land. This means political power would be used to influence the process, just as it is today. 2) There is no guarantee whatsoever that the single tax would remain so. 3) Although a land value tax would cause fewer distortions than virtually any other tax, these distortions would still reduce economic productivity.