Henry George, a famous nineteenth-century American economist, proposed that only land (not buildings) be taxed. Would this
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Henry George, a famous nineteenth-century American economist, proposed that only land (not buildings) be taxed. Would this be unfair to landowners? Would it distort resource allocations, making land more expensive relative to buildings?
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Henry Georges proposal known as the Single Tax or the land value tax aimed to tax only the unimprove...View the full answer
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Related Book For
Economics Of The Public Sector
ISBN: 9780393925227
4th Edition
Authors: Joseph E. Stiglitz, Jay K. Rosengard
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