Taxation of Land Values in American Cities the Next Step in Exterminating Pover
Taxation of Land Values in American Cities the Next Step in Exterminating Pover
Benjamin Clarke Marsh
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Taxing buildings, which means the exemption of land values from adequate taxation injures both employers and workers. Each class to-day as dur- ing past centuries is striving to secure the full values of what each class produces. Both classes are despoiled of the values they create by the legal but unmoral extortion of ground rents by landowners. On this point they are agreed, and the most thoughtful members of both classes realize that before they can distribute equitably the values of their j...oint products, the confiscation of ground rents must be terminated by reducing or abolishing taxation of buildings and other forms of industry. CHAPTER IV. Alleged Objections to Heavier Taxation of Land Values. Aside from the general objection to taxing land values at a higher rate than buildings, that it is "confiscation of property rights and immoral" which is dealt with fully in the chapter on "The Moral Sanction for Taxing Land Values Heavily, " several alleged objec- tions are raised which deserve careful consideration.
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