Taxation Of Land Values In Western Canada Classic Reprint

Excerpt from Taxation of Land Values in Western Canada This movement met with strong opposition throughout the country and the bill in question was rejected by the Lords. Not till the famous Lloyd George Budget (the Finance Bill) of 1909, did the tax make any pro gress. The efficiency of this reform is now being tested. What is of greater interest to Canada is the reform in taxation in Australasia, where the conditions are more similar to those of Canada. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

"Henry George (1) and his followers, advocated a policy, whereby all public revenue, national and local, would be obtained, by appropriating as nearly as may be all the rental value of natural opportunities without regard to improvements. This he called The Single Tax (2). His argument is based upon a distinction between wealth produced by individual effort (wages and interest) and that which results from the aid given by the community as a whole, (economic rent), and may be briefly summarized as follows:- Land being public property and by right belonging to all the people of the country in which it is situated, just as air and sunlight belongs to all individuals in common, one generation has no right to alienate its title so as to affect the title of the next; but, private use and occupancy of land is right and indispensable. [...]" --