Another endorsement for the Single Tax

From Reihan Salam in The Atlantic.

There’s a certain compelling logic to the Single Tax that stands the test of time. When you tax income, aren’t you punishing people for working hard? But when you tax an asset like land, you’re simply encouraging the most valuable use of that land. In the years since George faded from the scene, a number of economists, from Milton Friedman to Paul Romer, have found virtue in the Single Tax, not least because it creates the right incentives for government.

Thanks to Vince Tolve for the tip.

You can leave a response, or trackback from your own site.

Leave a Reply

Sorry, no posts matched your criteria.