Hacker News new | ask | show | jobs
by newjersey 3629 days ago
> there are other problems in the mix including taxing labour not land

I agree to some extent. Property (land) taxes have to be high enough to discourage people from leaving it unused. I have no problems with fully replacing personal income tax but I'm not an expert and I have no idea if we can realistically raise the same tax revenue from land tax alone.

1 comments

We can. Land ownership is far harder to hide. Land value tax is the establishment's worst nightmare.