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Tax is bad rent

 

Taxation is the money we pay in order to live under a particular government. So taxation is a form of rent. It proves that we are willing to pay a lot of rent!

But tax is bad rent, because:

1. Tax is inefficient:
Taxation discourages wealth creation,
but ground rent rewards wealth creation.

2. Tax corrupts:
Taxation rewards bad government
but ground rent only rewards results.

There are a number of other differences, due to ground rent being simple, transparent and largely under your control. But in short, taxation is a corrupt mockery of ground rent, and the sooner it is replaced with honest rent, the better.

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