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RE: 1919 Republic of China 20 Cents , The Three Principles of the People.

in LeoFinance9 months ago

In theory, Georgist would work, until you take in to consideration all the people that let apartments or what have you. Then what is their tax bracket? I feel land owners would then be in an uproar having to pay for other people's necessities. Especially Gates 😂

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That is actually funny. 🤣

Alas, we will never fully know what Dr. Sun had scribbled on all those Dim sum restaurant napkins. As they say, "The Devil is in the details." The term 'Land Reform' was very broad which may include giving a unit of usable land to those who do not but could make use of it. Terms and conditions of purchase were vague, but the government should be interested in seeing it's citizens provided the essentials for productive living.
Corporations like Gates, Monsanto and Blackrock wouldn't like the this system at all.

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