Description:
Whatever the political potential of land value taxation as an important revenue source may be, economists continue to be intrigued by the theoretical case for a land tax. This collection of eight scholarly papers and ten commentaries is derived from a 1998 Lincoln Institute conference that explored land value taxation in contemporary societies.
Review Quotes: "A century ago the most widely read book on economics was Henry George's Progress and Poverty (1879). Although George's proposal to abandon taxes on man-made capital and labor and instead to finance government by a tax on land value was not adopted, the potential advantages of such a tax have substantial support. The scholarly essays and commentaries in this volume provide fresh analysis on both the merits and adverse effects of implementing a land value tax. These issues and their relationship to contemporary property taxation policies are relevant to every American community."--C. Lowell Harriss, Professor of Economics, Emeritus, Columbia University