4min chapter

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Lars Doucet - Progress, Poverty, Georgism, & Why Rent is Too Damn High

Dwarkesh Podcast

CHAPTER

Taxing Land to Taxing Unimproved Labor?

George W. Bush: Taxing leisure is the labor equivalent of having an unimproved parking lot in the middle of San Francisco or capital. If I'm just keeping my capital out of the economy and, therefore, making it not useful, maybe I should have that capital taxed at the rate of the capital gains on T-bill," he says. "From our perspective, if you work and you produce value, your work produced that value, right? And so someone who provides land actually does the opposite of providing land"

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