Instead of taking publicly-generated land rent for public finance, we gift it to the 0.1%.

Therefore, we have to tax ourselves for working, or earning a profit.

That means the vast majority of us live in debt for most of our working lives so we may service their land prices and our taxation (and all the deadweight losses in the economy that go with it), whilst the 0.1% experience obscene luxury at our expense.

This is ridiculous when you stop to think about it.

Although it can be fixed by our political representatives making a simple fiscal adjustment on our behalf, we prefer things the way they are.

Why is this?

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