No, this is a different subject than the article yesterday. That one focused on "what is the overall magnitude of ground rents", this one focuses on "won't the incidence of LVT be passed onto tenants?"
> Georgists assert that landlords cannot pass Land Value Tax (LVT) on to their tenants.
Land isn't the only commodity (sure you can say it's not a commodity and even the author posits buying/selling it as such), so you can't eliminate wealth inequality through it, nor can anyone control rent at some theoretical "optimal" price point via public management day-to-day. There is always corruption, fraud, and laziness among others.
Supermancho|4 years ago
Land isn't the only commodity (sure you can say it's not a commodity and even the author posits buying/selling it as such), so you can't eliminate wealth inequality through it, nor can anyone control rent at some theoretical "optimal" price point via public management day-to-day. There is always corruption, fraud, and laziness among others.