Which is a tax on only one kind of wealth. Back when that was the kind that mattered most, that made sense. Today? Not so much.
Still, seems like table stakes.
Start with georgist/pigouvian taxes, and then expand to other kinds of income/wealth afterwards.
But Georgist taxes can go really far I'd imagine.
it's more than that, because it's the one kind of wealth that has an (almost) completely inelastic supply
Still, seems like table stakes.
Start with georgist/pigouvian taxes, and then expand to other kinds of income/wealth afterwards.
But Georgist taxes can go really far I'd imagine.