Thread: Georgism
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Old 09-29-2003, 02:23 PM   #9
AdanSmith
Dog O'Nine Tails
 
Join Date: Sep 2003
Posts: 20
Quote:
The facts speak for themselves and there is no distinction between owning property created by nature and property created by the labor of mankind. This is true in all forms of libertarianism including "classic liberalism"
"Both ground-rents and the ordinary rent of land are a species of revenue which the owner, in many cases, enjoys without any care or attention of his own. Though a part of this revenue should be taken from him in order to defray the expenses of the state, no discouragement will thereby be given to any sort of industry....Ground-rents and the ordinary rent of land are, therefore, perhaps, the species of revenue which can best bear to have a peculiar tax imposed upon them." -- Adam Smith
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