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Strangely enough, even Wolf is in favour of a land value tax as the most "efficient" mechanism for taxing development gains etc.

Friedman himself took this

 The least bad tax is the property tax on the unimproved value of land - the Henry George argument of many, many years ago

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"The future is already here -- it's just not very evenly distributed" William Gibson

by ChrisCook (cojockathotmaildotcom) on Wed Aug 22nd, 2007 at 05:20:26 AM EST
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