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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. xboxnolifes · · focus · HN ↗
        The alternative is unbounded compounding of wealth until all land is held by very few hands.
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