And for those non-Georgists who are interested in knowing, the reason why the value of land is the best tax base is because, perhaps most importantly, it's finite. Taxing the value of a certain thing typically discourages people form making more of that thing: tax incomes, people work less; tax consumption, people consume less; tax buildings, people build less. But land is special because we aren't making any more of it, so taxing it doesn't distort its supply by discouraging us from making more of it, we can't do that anyways. Not even reclamation of land from the sea through filling it out counts, as that's just taking preexisting underwater land and making it usable above water.

So because we're not making more land taxing it would, at the bare minimum, be neutral in how it affects land supply. But it could be argued that, if anything, it's actually better than neutral and [helps the economy](https://www.sjsu.edu/economics/docs/pub-fac/092217_Minola%20Paper.pdf) by discouraging people from withholding land and waiting for its price to rise while making the resource more expensive; leaving more land to the rest of us while reducing the costs of accessing and using it. Add on that the revenue of land can be used to untax the things we can produce and provide, like labor, sales, or buildings/capital investment, and the potential to make our economy far healthier and far more open to society is clear.

Not only that, but a land value tax is also [very progressive and can strongly reduce inequality](https://journals.sagepub.com/doi/10.1177/19427786251390972). Land rent is privatized not just by direct ownership of land and real estate but also through [having financial assets whose value can be tied to the land](https://gameofrent.com/content/is-land-a-big-deal#3-land-represents-a-significant-of-all-major-bank-loans). If top economists like Joseph Stiglitz are [to be believed](https://i.redd.it/u25dc86lwfkf1.png), then the privatization of the value of land (among other finite things I'll mention in the next paragraph) are at the top for reasons of our current economic inequality.

This isn't to say land is the only finite (i.e. non-replicable) thing worthy of taxation or just general reformation. There are a [plethora](https://www.reddit.com/r/georgism/comments/1jya0qe/a_nonexhaustive_catalogue_of_economic_rent_sources/) of examples which can fall into this class, like other natural resources (e.g. mineral deposits), special legal privileges (e.g. patents/copyrights or limited licenses), and even market power in a naturally monopolistic industry (e.g. utilities and other industries where competition is near impossible). The monopolization of all these finite resources/privileges further divides society between the haves and the have-nots while having their own economic issues, so including them too is par for the course.

Non-Georgists are missing out on some vital information here