Georgism & Land Value Tax
Georgism is the economic philosophy of Henry George, holding that land value (economic rent from land) should be captured publicly rather than accruing to private landowners. The Land Value Tax (LVT) is its primary policy instrument.
Common Wealth Canada’s position: ~7,500/year dividend to every adult Canadian or eliminate income tax for 98% of Canadians.
Key advocates referenced in SES content: Henry George, Martin Adams, Robert Schalkenbach Foundation, Henry George Foundation.
BC LVT Campaign: Active campaign to implement split-rate property tax in BC — tax land value at a higher rate, improvements at a lower rate. No provincial reassessment since 2016 (MPAC angle).
Related concepts: Sovereign Wealth Fund, Alaska Permanent Fund Dividend, Resource Dividend.