Introducing the Georgist millennium.
Scenario 1: Abolish taxes, capture land and resource rents. Some people receive no income, so they must be given exemption and a means test instituted. …. Game over.
Scenario 2: Abolish taxes, capture land and resource rents. No exemptions are required as a living wage universal income has been introduced. Abolish poverty and welfare. …. Win/Win.
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![](https://thedepression.org.au/wp-content/uploads/2022/12/GDP-distribution.png)