Dealing with Landlordism
Edward J. Dodson /
[December, 2010]
Landlordism is a primary cause of much of the misery around the
globe. Putting idle land back into the hands of working farmers is a
step toward justice. However, all useful land can be brought into
productive use and its price brought down by the simple fiscal measure
of implementing a land-only property tax under which all buildings are
exempt from taxation and those who hold deeds to land are required to
compensate their community for what is inherently a privilege. Why is
landownership a privilege? For the simple reason that not all land is
of equal potential economic value. Some land provides to its owner
very significant economic advantages over others. This is as true of
locations in cities and towns as for agricultural land or land that
contains minerals or forests. With a land-only property tax put into
place, absentee landowners would no longer grow rich on the rents
charged to actual farmers (i.e., those who produce the goods we need)
or by speculation in land in cities and towns. Just like others, they
would actually have to produce goods or provide some useful service to
others in order to EARN a living.
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