The Sufficiency of Single Tax Revenue
Rent Resource Taxation Would Affect Expenses and Productivity
Bibliographic Data
| ID | 2822784 |
|---|---|
| Authors | Gary B Buurman (Thales (Australia), corresponding author) |
| Year | 1990 |
| Volume | 49 |
| Issue | 4 |
| Pages | 495-502 |
| Publication date | 1990-10-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | American Journal of Economics and Sociology (JOURNAL) |
| Journal identifiers | ISSN: 0002-9246 • E-ISSN: 1536-7150 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/j.1536-7150.1990.tb02477.x |
| OpenAlex | W1549914366 |
| Language | EN |
| References cited | 1 |
Statements claiming that the single tax would raise insufficient revenue to support modern governments have been damaging to Henry George's proposal to tax the rent of land. It is argued that these claims are a misleading way of assessing George's proposal. Firstly, it is shown that estimates of rent usually understate the revenue that would have been raised under the single tax. Secondly, the idea of a counterfactual proposition is used to show that government expenditure would have been lower subsequently had George's proposal been adopted. The conclusion is that there are generally errors of omission in estimating the sufficiency of single tax revenue
Counterfactual thinking · Economics · George (robot) · Government (linguistics) · Indirect tax · Microeconomics · Public economics · Revenue · Tax reform · Tax revenue · Computer Science · Finance · Fiscal Policy and Economic Growth · Gender, Labor, and Family Dynamics · Local Government Finance and Decentralization
| Citation velocity | historical |
|---|---|
| Highly cited | No |