Henry George claimed that land-rent taxes would not impair economic efficiency because
A) they do not result in a change in the amount of land available.
B) landowners are, as a group, financially secure and able to pay the taxes.
C) the supply of land is infinitely elastic.
D) rents represent a small part of income paid to American resource suppliers, so taxes on wages and salaries are more disruptive.
Correct Answer:
Verified
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