Land <i>is</i> special. On a non-geologic time scale, &quot;they&#x27;re not making any more of it.&quot;<p>Land rent taxes can&#x27;t be passed on to the tenant. Land taxes serve to aid in the arbitration of land as a resource. And presumably, we stop taxing labor, and possibly even production in general.<p>One can always hope.<p>&quot;Progress and Poverty&quot; is a fine book and explains it all quite well.<p>Every time you read about the horrors of San Francisco property prices, think to yourself &quot;if they had good Geoist land taxation, that wouldn&#x27;t happen.&quot;