Henry George and Taxation
[From a letter to Fred Folvary, 31 July 2000]
Fred Foldvary wrote:
Dear Noam Chomsky, I teach economics at Santa Clara University and am
wondering if you have come across the writings of Henry George, and
what you think of the economic justice of untaxing labor and shifting
public finances to land rent, including all natural resources.
I did read Henry George years ago, when I was a college student.
Whatever the merits of his proposal might have been at the time, they
don't seem to me particularly meaningful now, given the sources of
wealth and power.