[dimal]

> that is politically infeasible in a capitalist democracy.

It’s more accurate to say it it’s politically infeasible in our capitalist oligarchy.

Just because this is the way our society works now, we shouldn’t be duped into thinking this is the natural order of things. It’s not. A democratic society with a free market economy could work very differently.

[mothballed]

Even a theocratic ~monarchy with a ~free market could work very differently. Dubai has minimal tax burden, with normally 0 income tax and a 0 or 9% corporate tax.

[angiolillo]

I agree that it's more "difficult" than "infeasible" so I've corrected above.

But I'm not sure I agree that the difficulty is due to being an oligarchy. In a democracy where the majority of citizens have the majority of their capital tied up in land (as is the case in the US and many capitalist democracies), shifting the tax burden onto land seems like it would be broadly unpopular.

I do agree with your main point though that a democratic society with a free market economy could work very differently, it's really the transition that would be broadly unpopular, and therefore politically difficult in a democracy.