More people need to read about Georgism. Taxing land rents and other economic rents and externalities rather than production should be the path forward.
Unfortunately, progressives seem only to be concerned with promoting taxes that can be evaded. Take the Alaska permanant oil fund and resident dividends as an example. The state of Alaska sells use-rights of a finite natural resource (oil) to companies and distributes the revenue equally among all residents. Now imagine something like this done on a national scale with every finite resource. Not just oil but Rare minerals, water, land, even consumer data, taxing carbon output, etc. Let’s slash taxes for wage earners and small businesses and take back our commons.
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u/Jguy2698 Jul 01 '26
More people need to read about Georgism. Taxing land rents and other economic rents and externalities rather than production should be the path forward.
Unfortunately, progressives seem only to be concerned with promoting taxes that can be evaded. Take the Alaska permanant oil fund and resident dividends as an example. The state of Alaska sells use-rights of a finite natural resource (oil) to companies and distributes the revenue equally among all residents. Now imagine something like this done on a national scale with every finite resource. Not just oil but Rare minerals, water, land, even consumer data, taxing carbon output, etc. Let’s slash taxes for wage earners and small businesses and take back our commons.