Re: 1911 Reference Book Cites The Single Tax

Mark M. wrote:

His idea would been exceptional into a pre-industrial society, where ALL
the production is 100% dependent on land and land only.

Does not all production take place on land?

Into a county/region you have 2 companies:

A software company selling out of region 100M/yr and occupying a 1 acre
office and a 1000 acre farm producing food sold for 10M inside the region.

Today, you tax all the revenue with 1/3 and get a tax revenue of
110/3=36.6M/yr.

Switching to a land tax in order to maintain the same revenue you have to
get in taxes 36.6M from 1001 acres = 36623.37/acre.

So, the software company is going to pay 36623 /yr in taxes while the farm
have to pay the rest of the 36.3 millions. To maintain the same income, the
farm have to sell his food for 6.66+36.3= 42.96 M instead of 10M.

Therefore. If you apply the Henry George model, the food price will
skyrocket 430%.

Extrapolating to today's situation in US, more than half of US population is
going to be doomed to starvation, while corporations offshoring jobs will
practically pay ZERO IN TAXES.

Yet another crooked plan trying to find ways to kill the poor for the
proffit of multinationals. Are you a libertarian BTW ?


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