alt Hacker NewsNah the ideology is just rich people or wannabe rich people wanting less taxes. Having a land value tax makes sense, removing all other taxes does not.
Nah the ideology is just rich people or wannabe rich people wanting less taxes. Having a land value tax makes sense, removing all other taxes does not.
No - it would have exactly the opposite effect.
Many georgists propose LVT + citizens dividend which is in effect a better version of a wealth tax with UBI - meaning it would be highly re-distributive from the asset-rich class to the asset-poor, and therefore very positive for inequality.