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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Land does not belong to mankind in common any more than any other type of property.
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Curious how you respond to George's specific args for land's specialness wrt rents, ie wages are earned from fruits of one's own labor; returns to land improvements are indirect products of labor; capital is "stored-up labor" and interest is oppt'y cost on labor derivatives; etc?
I mean, for starters, (real) interest rates are determined by time preferences and nothing else
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Capital being stored labor can be a helpful metaphor in some contexts but a metaphor is all it is. Whether a given thing is or is not capital in the first place depends on whether it is employed in a productive process, which in turn depends on ever-changing mental frameworks
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