BritMonkey: The Power of Land: Georgism 101

Last Sunday in Lithuania, a protest took place against the proposed changes to property tax laws. The protest itself reminded me of a video I watched some time ago. The video was about Georgism - an idea that most taxes could be abolished (or significantly reduced) if we instead taxed land more heavily.

While I think Georgist land value taxation is a not perfect solution, it is an interesting alternative worth our consideration. Especially, as a replacement for the typical taxation of labor. I invite you to watch an introductory video by BritMonkey.