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slopinthebag • today at 4:05 AM • 1 reply • view on HN

its unclear to me how you could pay for the massive tax burden of a modern state with a single tax. while i agree in theory that taxation of land is the most "fair" type of tax, it does not seem possible that eg. the federal US government could obtain $7,000,000,000,000 from a %5 tax rate on land, without making it completely unaffordable for the average citizen to own a modest home.

if you were to couple Georgism with a massive reduction in state spending i would be more on board i think.


Replies

mixmastamyk • today at 4:16 AM

It's already unaffordable for the average citizen to own a modest home in much of the country. Only if you worked and then moved to a cheaper place.

Also, I don't think it precludes a sales tax or tariffs, etc.

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