I have a lot of fans of Georgism / Harberger taxation in my life; naively requesting balance: what are the most interesting arguments against such property taxation schemes? n.b. Practical arguments like "people don't like it" or "it's politically impossible" aren't interesting!
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Right! How to find the proper social parameterization for allocation efficiency vs. investment efficiency?
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The Weyl/Posner generalized harberger tax paper? (chicagounbound.uchicago.edu/cgi/viewconten)
A bit hand-wavey in some corners, but worth reading
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