1879 Henry George

Progress and Poverty

Key Ideas:

  • Land Value Tax (LVT) - a tax levied on the location value portion of rents (flow) derived from a lot as opposed to property tax (land + improvements) or sales (stock)

  • Citizens' Dividend - the refund of taxes collected which were not set aside for infrastructure spending or other government programs (e.g. defense, welfare, etc.)

See Also:

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