Taxation of Rent from Ricardo to George

Due to current urbanism practices that are rent-oriented and far from being sustainable, the need to purify cities from the pressure of rent has arisen. This need has prompted professionals to seek solutions. The land value taxation method which can be defined as the suggestion of taxing the land in...

Full description

Saved in:
Bibliographic Details
Main Author: Başak Atan
Format: Article
Language:English
Published: Istanbul University Press 2021-05-01
Series:Maliye Çalışmaları Dergisi
Subjects:
Online Access:https://cdn.istanbul.edu.tr/file/JTA6CLJ8T5/F6CCBC6653D54A5A81FDE1840F9304C5
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1850187915800346624
author Başak Atan
author_facet Başak Atan
author_sort Başak Atan
collection DOAJ
description Due to current urbanism practices that are rent-oriented and far from being sustainable, the need to purify cities from the pressure of rent has arisen. This need has prompted professionals to seek solutions. The land value taxation method which can be defined as the suggestion of taxing the land in full or at a higher rate compared to the improvement on it, unlike the classical property tax approach, is a tool that needs to be worked on with the potential of providing the transfer of urban rent to the publicby appropriating rent through taxation. This tool can also be used to solve various rent-based urban problems. In this study, which examines land value taxation in terms of the history of economic thought, the development of the land value taxation proposal is summarized by explaining the position of Ricardo’s rent theory in the aforesaid development and the approaches of two thinkers regarding the rent and taxation of rent are compared. The structure of the study is principally based on two books: Henry George’s “Progress and Poverty” and David Ricardo’s “Principles of Political Economy and Taxation”. As a result of the analysis made in this study, it can be said that Ricardo and George hold differing views of rent which are both based on different foundations. In relation to this, it has been deduced that Henry George, while questioning the system of private ownership in land while researching the paradox of progress and poverty, and proposing land value tax for returning rent to the public that created the progress, is more effective in finding solutions to the problem of returning the rent to the public.
format Article
id doaj-art-dda299f3d8e541779dedb9f124f24d47
institution OA Journals
issn 2757-6728
language English
publishDate 2021-05-01
publisher Istanbul University Press
record_format Article
series Maliye Çalışmaları Dergisi
spelling doaj-art-dda299f3d8e541779dedb9f124f24d472025-08-20T02:15:59ZengIstanbul University PressMaliye Çalışmaları Dergisi2757-67282021-05-016517718910.26650/mcd2021-874997123456Taxation of Rent from Ricardo to GeorgeBaşak Atan0https://orcid.org/0000-0002-4403-6617Mimar Sinan Güzel Sanatlar Üniversitesi, İstanbul, TürkiyeDue to current urbanism practices that are rent-oriented and far from being sustainable, the need to purify cities from the pressure of rent has arisen. This need has prompted professionals to seek solutions. The land value taxation method which can be defined as the suggestion of taxing the land in full or at a higher rate compared to the improvement on it, unlike the classical property tax approach, is a tool that needs to be worked on with the potential of providing the transfer of urban rent to the publicby appropriating rent through taxation. This tool can also be used to solve various rent-based urban problems. In this study, which examines land value taxation in terms of the history of economic thought, the development of the land value taxation proposal is summarized by explaining the position of Ricardo’s rent theory in the aforesaid development and the approaches of two thinkers regarding the rent and taxation of rent are compared. The structure of the study is principally based on two books: Henry George’s “Progress and Poverty” and David Ricardo’s “Principles of Political Economy and Taxation”. As a result of the analysis made in this study, it can be said that Ricardo and George hold differing views of rent which are both based on different foundations. In relation to this, it has been deduced that Henry George, while questioning the system of private ownership in land while researching the paradox of progress and poverty, and proposing land value tax for returning rent to the public that created the progress, is more effective in finding solutions to the problem of returning the rent to the public.https://cdn.istanbul.edu.tr/file/JTA6CLJ8T5/F6CCBC6653D54A5A81FDE1840F9304C5taxation of rentland value taxationtheory of rentdavid ricardohenry george
spellingShingle Başak Atan
Taxation of Rent from Ricardo to George
Maliye Çalışmaları Dergisi
taxation of rent
land value taxation
theory of rent
david ricardo
henry george
title Taxation of Rent from Ricardo to George
title_full Taxation of Rent from Ricardo to George
title_fullStr Taxation of Rent from Ricardo to George
title_full_unstemmed Taxation of Rent from Ricardo to George
title_short Taxation of Rent from Ricardo to George
title_sort taxation of rent from ricardo to george
topic taxation of rent
land value taxation
theory of rent
david ricardo
henry george
url https://cdn.istanbul.edu.tr/file/JTA6CLJ8T5/F6CCBC6653D54A5A81FDE1840F9304C5
work_keys_str_mv AT basakatan taxationofrentfromricardotogeorge