Comment by bpt3

1 year ago

> Who to tax and how much is very much a political choice and how accurate assessment are very much political choices. You cannot pretend taxation policy is somehow a neutral proposition. Indeed, bad or good taxation policy have very real economic effect and impact on government finance.

Tax rates are political. Assessing the value of an asset should be apolitical. Georgism intertwines the two, which causes a lot of issues.

> If indeed you want adequate funding of government services, it's paramount that we find the most efficient way of funding government and Georgists believe that the most efficient way to tax people is the land value tax.

You are correct that Georgists believe that, but I don't think it's a widely held opinion. The definition of efficiency is highly subjective because the metrics used to determine it are subjective.

> Social justice and economic efficiency need not be in conflict. Indeed, when a concept like the land value tax finds broad support from economists all over the political spectrum, it's time to sit up and pay attention.

Again, this is only efficient under a very specific set of objectives.

LVT has gotten a lot of attention, and has not performed well in practice just like every other socialist concept. It also does not have broad support.