THE MOST IMPORTANT ECONOMIC REFORM ….
…. ABOLISH TAXES We tax workers, reducing their salaries. We tax manufacturing, checking production. We tax products, raising their cost and reducing sales. We fail to capture sufficient publicly-generated land rent–the public surplus, the “non-tax”– thereby creating repetitive land price bubbles which burst into recessions. Were we to increase public capture of land rent, land … Continue reading THE MOST IMPORTANT ECONOMIC REFORM ….
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