Lesson 9 — The Effects of George's Remedy Please read chapters 34 - 37 and complete "Henry George's Remedy". 1. Give some examples of (chapter 33; The Remedy, part 9) a) indirect taxes b) regressive taxes 2. Rate the following kinds of tax according to the canons of taxation (chapter 33) a) income tax b) sales tax c) conventional property tax d) land value tax 3. Compare George's proposal to the modern theory of "broad-based" taxation. (The Remedy, part 9) 4. Does a tax on rent enable the landowner to pass it on to the user in the form of a higher rent? (chapter 34; The Remedy, part 9) 5. Is it possible to separate the value of land from the value of improvements? (chapter 34) 6. What machinery already exists for the public collection of rent? (The Remedy, part 3) 7. What would be the effect on production if (chapter 35) a) taxes on wages and interest were abolished? b) land rents were publicly collected? 8. How do we know that the full public collection of land rent would raise the returns to labor and capital? 9. If the full rental value of land were taken in taxation, what would happen to (Rent and Selling Price) a) the selling price of land? b) land speculation? c) the rental value of land? 10. If land values were the source of public revenue, what would be the effect on (chapter 37; The Remedy. part 6) a) working farmers? b) the demand for farm land near cities? c) urban apartment dwellers? 11. Compare George's remedy with the "enterprise zones" proposed to alleviate urban decay and stagnation. (The Remedy, part 6)