Land is the most important resource a community has. But the property tax system in most U.S. cities encourages the wasteful and unproductive use of land. By…
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Land is the most important resource a community has. But the property tax system in most U.S. cities encourages the wasteful and unproductive use of land. By…
**Georgism** (otherwise known as **geoism**) is an economic philosophy holding that the economic value derived from land, including natural resources and natural opportunities, should belong equally to all residents of a community, but that people own the value that they create themselves. Most Georgists support: - • A broad-based land value taxation scheme, either to mostly or entirely replace existing harmful taxes on income, consumption, and corporations.
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