3 ms·
Friedman and Stiglitz yes, but they are not very recent (in terms of when they produced their main work) but for the others Tyler Cowen [0]: So I take the Geo
by JesperRavn 11y ago
Friedman and Stiglitz yes, but they are not very recent (in terms of when they produced their main work) but for the others
Tyler Cowen [0]:
So I take the Georgist view to imply two claims. First, it is easier or better to tax barebones land than barebones labor. Second, taxing a factor directly is much better than taxing complements of that factor. Since I am not convinced either of these are true, I hold no particular attachment to the idea of a single tax on land
Paul Krugman [1]:
"Believe it or not, urban economics models actually do suggest that Georgist taxation would be the right approach at least to finance city growth. But I would just say: I don’t think you can raise nearly enough money to run a modern welfare state by taxing land [only]."
>I have no idea where you are getting your misconceptions from.
I'm pretty sure you are getting yours from Wikipedia.
[0] http://marginalrevolution.com/marginalrevolution/2005/02/why_are_land_ta.html http://marginalrevolution.com/marginalrevolution/2005/02/why...
[1] https://en.wikipedia.org/wiki/Land_value_tax https://en.wikipedia.org/wiki/Land_value_tax