Re: From the rich. To the rich?

"Dan in Philly" wrote in message ...

<snip>

Sheesh, this is like pulling teeth.

So the high value of city land (say approx. 500 k$ per acre, over and above
farmland in the middle of nowhere) is due to the presence of capital.
And the presence of people who work the capital (I thought that was obvious,
but apparently not).

When the 500 k$ is taxed away, it should be returned to the people who
created that value. I suggested the capital owners. But I'm perfectly
willing to share it with the workers as well.

The only problem is how to allocate it. Since the most productive capital
(and workers) are having the most positive effect on land prices, most of
the rents should be returned to them.

Dan in Philly


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