New York City - the most valuable land in America
(Image by Common Ground-NYC) Permission Details DMCA
Andrew Mazzone, President of the Henry George School of Social Science, and Scott Baker, President of Common Ground-NYC, discuss New York City land values, some of the missed opportunities to tax those land values, and programs that might channel value taxation into useful social projects.
I had to juggle a lot of numbers in this interview and missed a couple of minor figures, but the graphics are correct. The overall conclusion that the uncollected rent is making speculators super-rich is stronger than ever. This is especially pertinent with developer/rentier Donald Trump being a leading candidate for president.
The answer is the Land Value Tax - the Single Tax to replace all others:
I explain it all in my book, "America is Not Broke!"