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by yellowapple
1109 days ago
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Landlords especially. Land value (whether you're measuring by sale price or rental value) is largely a function of economic activity or the potential thereof; landlords - even when they ain't colluding with one another - are well-positioned to respond to any growth in wages or profits by jacking up rents accordingly. Land value taxation paired with a citizens' dividend would close that hole - alongside myriad other socioeconomic benefits. |
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