Fried_out_Kombi, 4 months ago

Good solution is to tax land. The land value tax cannot be passed on to tenants, both in economic theory and in observed practice.

Plus, it’s just a super good tax. Progressive, hard to evade, super efficient, incentivizes density and disincentivizes sprawl. It’s so good that economists of all different ideologies agree, from free-market libertarians like Milton Friedman to New Keynesians and social democrats like Joseph Stiglitz.

We should be taxing land, not labor.