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by astrange 20 days ago
I doubt deleting income tax is a popular view among economists.

Income and payroll taxes have the feature that you always have the money when it's time to pay the tax. That also means they're disinflationary. Whereas property taxes can be inflationary because they may require you to sell assets.

1 comments

Georgism style property taxes are only due on the sale of the property so also have the money available then.
I thought the point of an LVT was to force land sales for more productive uses.