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Does Georgism Work? Is Land Really A Big Deal?

Astral Codex Ten Podcast

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Land Taxes Don't Raise Too Much Money

Land taxes don't raise too little evenue, they raise too much. Land rents are equal to a sizable percentage of the annual budget. If nothing else, a high l v t could offset many unpopular and inefficient taxes without cutting the budget. Or it could be used to fund important programmes we supposedly can't currently afford.

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