Showing all posts tagged #tax:

Georgist land taxes balance community benefit & the efficiency of markets

July 15th, 2024

One thing I like about Georgist land taxes is they reflect a deep-seated intuition many people have that land should be owned by the community, while still employing markets to ensure efficient use of this limited resource. People feel that land is sp...

Property values should be normalized by acre

July 14th, 2024

In the US, it's common for local governments to focus on tax revenue produced by a property, without considering the costs it adds to the city's budget. This is like measuring how far a car can drive without considering how much gas it uses to get ther...