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View Diary: Exposing the Fiction of Low Tax States (37 comments)

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  •  Hardly Socialist (0+ / 0-)

    From your own link, I was able to find this list of people supporting a Land Value Tax:

    "Geolibertarians are generally influenced by Georgism, but the ideas behind it pre-date Henry George, and can be found in different forms in the writings of John Locke, the French Physiocrats, Thomas Jefferson, Adam Smith, Thomas Paine, James Mill (John Stuart Mill's father), David Ricardo, John Stuart Mill, Herbert Spencer and Thomas Spence."

    This hardly seems like anyone's idea of a roster of Socialists!  Adam Smith, a Socialist?  That's news to me.

    As for me, you caught me, I am a Georgist.  I believe that people should profit from their labor, but not from the land, which goes up in value because of the surrounding community and population growth, not from labor. It's the conflation of land (in the classical sense, including all the world's resources) with capital (material products like tractors, factories, wheelbarrows etc.) that is responsible for all the booms and busts in the last 800 years (Really, read Mason Gaffney's "The Great Crash of 2008").

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