land value tax

A huge billboard on an empty piece of land with buildings on either side reads: "EVERYBODY WORKS BUT THE VACANT LOT" I paid $3600. for this lot and will hold it ‘till I get $6000. The profit is unearned increment made possible by the presence of this community and the enterprise of its people. I take the profit without earning it. For the remedy read ”HENRY GEORGE” Yours truly Fay Lewis

Land Value Tax

Eliminate economic rent—unearned revenue from having the monopoly on any piece (or many pieces) of land—and probably end houselessness, too, if paired with a resident's dividend, by taxing 100% of the annualized value of land that comes from surrounding community improvements (but do not tax the part of the value that comes from improvements made on the land).

Knowledge
Land