Tuesday 21 November 2006

Henry George and the Single Tax Theory

I stumbled upon Henry George very recently. He is most famous for the single tax theory that claimed that the renting of land and real estate produced an unearned increase in land values that profited a few individuals (landlords) rather than the majority of the people (tenants).

Henry George proposed a single federal tax based on land ownership believing a single tax would discourage speculation and encourage equal opportunity.

Here is an entire school dedicated to Henry George's teaching.

http://www.henrygeorgeschool.org