All Taxation of Labor and Capital should be abolished, and Direct Taxation imposed ONLY upon Owned Land Value, ABOVE a Median Homestead Exemption.
Regarded by Economists of both Right and Left as “The Perfect Tax”, the elimination of all Income Taxes, Payroll Taxes, Sales Taxes, and Profit Taxes (thereby liberating hundreds of millions of Poor and Middle-Class Workers and Small Businessmen from ANY Taxation), and replacement with a National Land Value Tax concentrating ALL taxation only upon the Big Land-Owners who own MORE Land than a Median Homestead Exemption (similar to the Founding Fathers’ National Land Tax of 1798) – would thus impose Taxation exclusively upon the wealthiest land-owners, the Millionaires and Billionaires who can best afford to pay, and set everybody else free from any tax liability ever again until THEY become a Big Land-Owner, while simultaneously encouraging Land Conservation.