Because putting higher taxes on land -- and they have to be higher to replace other taxes -- will force inexpensive land to be used more intensively.
On Wed, Jan 21, 2004 at 08:15:52PM -0500, Stephen Fromm wrote:
>
> ----- Original Message -----
> From: "Michael Perelman" <michael at ecst.csuchico.edu>
> To: <lbo-talk at lbo-talk.org>
> Sent: Wednesday, January 21, 2004 4:30 PM
> Subject: Re: [lbo-talk] Georgism on the left
>
>
> > It encourages sprawl.
>
> How does Georgist land value taxation encourage sprawl?
>
> On the contrary...
>
> I realize that perhaps people would move away from regions of high taxation,
> but then they'd be stripped of any ability to profit from realized capital
> gains down the road.
>
> > --
> > Michael Perelman
> > Economics Department
> > California State University
> > Chico, CA 95929
> >
> > Tel. 530-898-5321
> > E-Mail michael at ecst.csuchico.edu
> > ___________________________________
> > http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk
>
> ___________________________________
> http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk
-- Michael Perelman Economics Department California State University Chico, CA 95929
Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu