Which of the following is not a major criticism of the single-tax movement?
A) It is impractical because most income payments are a mixture of interest, rent, wages, and profits.
B) It is inefficient because the land-rent tax will distort the use of land resources, thereby preventing allocative efficiency.
C) It is unfair because there are other "unearned" incomes besides land rent, such as capital-gains income.
D) It is inadequate because current levels of government spending are too big to be sufficiently funded by rent tax alone.
Correct Answer:
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A)Rent