"It's the extreme end game of a tax code that shifts the burden from owners to renters, and from the wealthy to the poor." One of the best articles I've read on how...
This giveaway to the wealthy should never have been allowed in the first place. The secret to providing for decent and affordable housing to not to encourage more expensive, and frequently unoccupied, ultra-lux condos, but to tax the land high enough to discourage hoarding and untax the buildings enough to encourage building instead. It was true in Henry George's time, and remains so today.
I'll be
giving a one-night seminar for the Henry George School on the topics in
my new book, "America is Not Broke! Four Multi-Trillion Dollar Paths to
a Thriving Economy" plus some local flavor, on June 23 at the
Ecuadorian Consulate. I'd be delighted if you came. I'll also talk about Georgism - chapter 2 - as well as related developments here in the Big Apple. We'll also discuss monetary reform and Public Banking and more! It will be a fast-paced fact-filled evening!