The Time

The result is that increased production impact on increasing the incomes and lower wages. D ue to the land distribution is unequal inequality grows even if economic growth. In this way George sees that material progress can not end poverty, and distributive base of taxes is not enough. Proposes to establish a single tax on land, to appropriate the income, not land. Ie put all taxes on land value. I think he raised his theory maximalist extreme way, so it did not, except in parts of Australia, especially when there was an ability to expand the population in that territory. The theory raises tax exempt Georgian capital to create wealth and reduce taxation to land value.

His argument is that the pyramid of production rests on the basis of land ownership. Ince the last century have followed changes in the economic model. For example, to create employment to generate wealth has come to create wealth to promote employment. This is the essential foundation to raise the RB from the political economy. It has changed, or rather has been changing the basis on which rests the economy. George T he discovery is very interesting, as indicating that the money will store up out of production model.

Occurs that when he does his analysis was the economic base dominantea earth. While the proposal makes it feasible, and socially beneficial while maintaining the increase in demand while production is gradually extended. T is the same build an idea to implement it.