The failure of the land value tax - Works in Progress
Land value taxes are once again becoming a popular all-purpose solution to housing issues. But implementing them in the early 1900s Britain destroyed the then-dominant Liberal Party.In the late nineteenth century, the ideas of American economist Henry George were popular around the English-speaking world. His best-known work, Progress and Poverty, examined the importance of land in economics and proposed taxing land value as much as possible. It sold several million copies and was one of the bes...
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