land value tax

What, exactly, is “Socialism”?

Dictionary definitions of “Socialism” don’t seem to fit the way it’s often used. For example Merriam Webster tells us Socialism is “collective or governmental ownership and administration of the means of production and distribution of goods,” which sounds a lot like Communism. The term “Socialism” is most often used to describe government support for and…

Land & Finite Resources Tax

Unlike the value that people create themselves through labor and investment, land and other natural resources (e.g., minerals, old growth forests, airspace, water, fossil fuels) are in some sense owned by all current and future residents of a community. Some argue that these finite natural resources should be taxed, while leaving the capital improvements (buildings,…