Thank you for posting this, I've been looking for counter-arguments to the land value tax (LVT) for awhile
Some thoughts about your arguments (speaking in theory unless otherwise noted):
You say the LVT is: "[T]he worst tax policy ever, except for all the others that have been tried". The LVT is not the least bad tax, it's one of a tiny handful of taxes that's a good tax (if economic growth is good). All taxes raise money for the government, but most have a balance of negative externalities. For example, sales tax inhibits economic growth by making buyers pa... (read more)
Thank you for posting this, I've been looking for counter-arguments to the land value tax (LVT) for awhile
Some thoughts about your arguments (speaking in theory unless otherwise noted):
You say the LVT is: "[T]he worst tax policy ever, except for all the others that have been tried". The LVT is not the least bad tax, it's one of a tiny handful of taxes that's a good tax (if economic growth is good). All taxes raise money for the government, but most have a balance of negative externalities. For example, sales tax inhibits economic growth by making buyers pa... (read more)