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Comment by grafmax

Real estate is 13.7% GDP, finance and insurance 8.7%, healthcare 7.5%, info/tech 5.7%, utilities and mining 3% - rentier capitalism is roughly 40% of the US economy.

George held land value as the only worthwhile rentierism to tax. The problem is bigger than just land value or platforms.

There is a reason billionaires astroturf [1] support for these half-measures. The "moats" they own (the monopolies and oliogopolies) are where they derive their wealth. tax

[1] https://coefficientgiving.org/research/announcing-our-new-12...

parent grafmax 12 days ago

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