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Adopt The "Single Tax" (Tax Assets, Not Income)

Created by T.B. on January 16, 2016

Adopt the "Single Tax" to accelerate job creation and stop negative disparity of wealth…a middle way progressives AND conservatives both love.

The founders knew...owners of the community's wealth and job producing assets should pay all taxes. We had no income tax until 1913. TAX ASSETS, NOT INCOME.

Income tax discourages business. Taxing assets (land, franchises, monopolies) creates incentives to produce wealth and jobs. Asset holders expand business to recoup taxes paid. Upgrading assets saves green spaces.

Parasitic speculators pay the price of hoarding assets that create bubbles. Market crashes disappear, construction explodes. Owners earn TAX FREE income on rents and factories. Housing becomes affordable. Unemployment goes to ZERO.

http://www.henrygeorge.org/pdfs/PandP_Drake.pdf

Budget & Taxes
Economy & Jobs
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