&gt;It seems the most fair as the wealth increase created from ex. owning lots of land<p>If you want to charge people for profiting from land, it seems a land tax would be the best way to do it. It&#x27;s essentially a property tax, except instead of taxing the land and the improvements, only the unimproved land value is taxed.<p>This allows capturing some of the economic rents by society as a whole in a way that has very little distortion and is essentially avoidable only by moving.<p>Moving would mean not taking advantage of any of the benefits or improvements of the area, so the only way to avoid it would be to give up the benefits. A wealth tax, by contrast, could be avoided by moving wealth to another country.<p>Since a large amount of wealth is tied up in land, a land tax is a sort of wealth tax by proxy, but with virtuous effects of promoting additional development and investment and punishing things like land speculation. It&#x27;s a progressive tax too.