Land value tax is progressive, efficient and non-distortionary.
No it isn't. It's one of the best taxes, but it's still distortionary. It's also unfair, because it's incredibly easy to avoid. And it's also not sufficient.
No it isn't. It's one of the best taxes, but it's still distortionary. It's also unfair, because it's incredibly easy to avoid. And it's also not sufficient.