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The Economist Henry George Proposed That All Tax Revenue Be

Question 250

Multiple Choice

The economist Henry George proposed that all tax revenue be collected via taxes on land. If land were perfectly inelastic in supply, then a property tax on land would


A) have no effect on the supply of land available to society.
B) tax farmland out of existence.
C) result in no revenues collected.
D) make it prohibitively expensive to sell land.

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