Sat 5 Jul, 2014 07:51 pm
I believe Henry George argued that taxing land values, society could recapture the value of its common inheritance, and eliminate the need for taxes on productive activities.
What were the counter argument(s)? Why didn't all economists accept George's arguments?
"Oh no it won't, goddammit!"
Ready for your rebuttal.
I don't have a rebuttal. I find his arguments persuasive. However, most economists are not Georgians, so I wondered why?
Frankly, he makes sense to me, too.