THE SINGLE TAX PRINCIPLE.
The single tax idea is steadily commending itself to earnest thinking men. It is a rank injustice that a man should hold property vacant, with nominal taxes, and gain the increment of value produced by the improvements made by his neighbors, who pay taxes upon those improvements. The bed rock of taxation, is this: no tax on the products of labor. This principle is worldwide. It applies with equal force to the town, the state, the nation, the wotld. By its adoption labor would receive a healthy stimulus, and would create wealth as never before. Throughout the world the burdens of taxation have fallen upon labor, and in all forms ef indrect taxation the burden falls with almost equal weight upon all, regardless of their circumstances. But place this burden upon land value only and at once the basis of taxation becomes absolutely equitable, land speculation becomes unprofitable, and the inducements to labor to place Improvements upon the land and to advance to its more general ownership are vaatly multiplied.—American paper.
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Bibliographic details
Grey River Argus, Volume XXXIX, Issue 6987, 12 February 1891, Page 2
Word Count
175THE SINGLE TAX PRINCIPLE. Grey River Argus, Volume XXXIX, Issue 6987, 12 February 1891, Page 2
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