Re:Does Georgism Work? Five Years Later
by teiferer on Sunday September 27, 2026 @03:32PM
(#49870029)
I don't disagree that the market price is inflated. Lots of market prices are inflated. Many people here are paid in or own (or both) stocks of tech firms whose value is inflated by at least as much or higher. Have not heard anybody claim that they are earning too much money. Easy to punch others though.
The point of a Georgist land-value tax is to separate the value of the land from the value of buildings on the land. Land itself is a public good and should be taxed as such.