Tax land, not income or sales
I see a lot of libertarians here supporting a flat income tax or flat sales tax when they really ought to be supporting land taxes.
There are variety of reasons most major economists support the land value tax (LVT)
It’s efficient, taxing land doesn’t generate deadweight loss
It’s just, for all these reasons
It’s progressive, the wealthier pay more
It’s widely supported by those who know what they are talking about, https://youtu.be/yS7Jb58hcsc
It’s been successful wherever it’s used, Taiwan, Singapore, Australia, Denmark
It’s actually good for the economy, it discourages harmful speculation
So please, if you support any tax at all, let it be the land value tax!
submitted by /u/Cave-Bunny
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Article from r/Libertarian: For a Free Society