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Does Georgism work? Five years later

514 points · 522 comments · silveraxe93

  1. skew-aberration · · focus · HN ↗
    I think LVT does have a history in US, e.g Pittsburgh.

    Also Georgism is 100% LVT -> A land tax alone has been the recommendation of many economists before and after George - From Smith, Riccardo, Mill to Friedman. Across classical, neoclassical, Keynesian, Austrian schools. If there's one thing economists can agree on, it's that land tax is better than income tax.

    1. dyauspitr · · focus · HN ↗

      [dead]

      1. secabeen · · focus · HN ↗
        > You have to pay the government rent in perpetuity.

        You are paying the government rent in perpetuity for the services they provide, including enforcement of your property rights. If you wish to live on land without paying government rent, you will need to go to a place without effective government. Today, that would be Syria, parts of Sudan, or Mali as examples. I doubt you want to live in those places as a 1st world resident, but if you do, there's little stopping you.

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