Conversation

Land value tax is perhaps the most popular tax among economists, left to right. From Joseph Stiglitz (see Henry George Theorem) to Milton Friedman (who called it the least bad tax). It's been a success everywhere it's been implemented, from Singapore to Denmark.

It's:
- Progressive
- Impossible to move offshore or shift to tenants
- No deadweight losses, no distortions, as taxing land doesn't reduce the amount of land.

https://www.weco.io/b/georgism/

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