13% of total wealth isn’t anything to shrug off, if you ask me. Especially given that cuts to other, more distortionary taxes, is likely to flow through into increased land rents by some positive amount. (See intra-Georgist debates around EBCOR/ATCOR).
Thanks, I appreciate the update.
13% of total wealth isn’t anything to shrug off, if you ask me. Especially given that cuts to other, more distortionary taxes, is likely to flow through into increased land rents by some positive amount. (See intra-Georgist debates around EBCOR/ATCOR).