Of all the possible types of taxes, Milton Friedman believed that the property tax on unimproved land is the least bad tax.

Question

Quizplus · Accepted Answer

Milton Friedman argued that the property tax on unimproved land is the least bad tax because it does not discourage any productive activity, including investment or labor. Additionally, it encourages efficient use of land and is difficult to evade or avoid.

Of All the Possible Types of Taxes, Milton Friedman Believed