> > Graham, thanks for posting this paper. It is, indeed, exactly what I
> > was trying to say. I can't quite understand what the taxation of land
> > at the end was supposed to do to try to help the falling standards of
> > workers in the richer countries, however...

> The guy may not have thought it through exactly like this, but land is often a
> vast repository of wealth and is usually taxed at very favorable rates as
> compared to say, income from wages. If you want to help the poor workers, a
> land tax is a possible source of funds to do it.

The problem I see, is that the majority of the land is not owned by
the rich in this country, and therefore it would be another tax on the
middle class, versus the rich(who are getting richer on the
poor/middle classes losing their jobs)...


-- 
Derek


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