One of the most superficial ways that Georgism obviously beats Marxism is that Georgists will tell someone interested exactly what to read, will acknowledge very explicitly the few parts that are incorrect or misguided.…
The land value tax is a Pigovian tax. The idea is that your exclusive use of the land denies others access and they deserve compensation.
The problem with this is that the improvements wind up bidding up the land underneath because people know if they get the land the old owner forfeits the improvements.
> given that the only land they really need is cheap rural land for data centers? Lots of tech companies are located in Silicon Valley, some of the most expensive land around...
Why tax those other things? Is there a moral reason to do so? I'd say there's a moral reason not to! Is there a practical reason to tax those things? Not if the goal is to maximize government revenue! If you tax land as…
One of the most superficial ways that Georgism obviously beats Marxism is that Georgists will tell someone interested exactly what to read, will acknowledge very explicitly the few parts that are incorrect or misguided.…
The land value tax is a Pigovian tax. The idea is that your exclusive use of the land denies others access and they deserve compensation.
The problem with this is that the improvements wind up bidding up the land underneath because people know if they get the land the old owner forfeits the improvements.
> given that the only land they really need is cheap rural land for data centers? Lots of tech companies are located in Silicon Valley, some of the most expensive land around...
Why tax those other things? Is there a moral reason to do so? I'd say there's a moral reason not to! Is there a practical reason to tax those things? Not if the goal is to maximize government revenue! If you tax land as…