The main threat to the Norwegian tax system today (in my opinion) is that new industries (fish farming, wind farming) are actively lobbying against georgist tax policies directed at their industries: https://slimemoldtimemold.com/2022/05/17/norway-the-once-and...
For example, taxing your use of transmission capacity would go against georgism: It's possible to make better equipment that transfers bits faster. There are, however, resources that can be hogged on the Internet. For example, domain names: Short (non-trademarked) domain names, e.g. flowers.com, are more valuable than a random string of characters from a lesser known top-level domain, e.g. lrchcu.hat. As there is a limited number of single-word domain names, the owner of the former domain should pay a higher fee or tax for their domain than the owner of the latter.
The difference is that a central miscalculation impacts the entire economy while a decentral miscalculation usually only impacts a small area surrounding that person.
If a group of independent people makes a miscalculation like during the global financial crisis then you end up with the same problem it is just less frequent.
The main one being how would you pay for it?
Basic accounting says the moment population growth stalls you have more outflows than inflows. You can't print money without consequence, and there are other factors that confound these issues further.
Its the ideal of socialism, but the reality is you run into the economic calculation problem. Shortages happen because we live in a world of scarcity, and when they do the system collapses usually causing death (historically).