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by thaumasiotes
1405 days ago
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Consider a stylized company town - there's one major employer in the town, they provide a stable population base (their employees, plus family members) which demands various goods and services, and so a town exists. If the employer leaves, the town will be unable to sustain itself, everyone will leave, and the land will return to the wild. Given this setup, under Georgism, what is the amount of property tax the major employer should pay? The correct amount of tax would appear to be negative. |
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