> Land value is therefore a really weird part of the economy that allows people to charge money without doing any work or providing any value in return. If we confiscate all the money people charge to rent or buy land, nothing changes because no work was ever happening. The land is still there and still just as useful. Contrast that with anything where work is actually done - the industry would collapse if you confiscate the money. Taxing land value therefore allows the government to reclaim the money which those people should not be able to charge in the first place

You say they shouldn’t be able to charge for it, but instead of disallowing it you just change the beneficiary?