Is this different than regular property taxes?<p>The general objection is that it&#x27;s pretty unfair to farmers. And well, all land owners. What&#x27;s special about land? What&#x27;s the difference between someone with a million dollars worth of gold and a million dollars worth of land? The first pays no tax.<p>And maybe they shouldn&#x27;t, if you aren&#x27;t earning anything or spending on anything. Income tax fairly taxes everything that is earning money. It distributes taxes over the whole economy rather than specific parts, which is why it&#x27;s the most politically acceptable solution.