During boom years, it takes land owners only three years to recuperate a lifetime of taxes through the rising land values.
A brilliant explanation by Fred Harrison.
Introduction to the book, ‘Ricardo’s Law ~ House Prices and the Great Tax Clawback Scam’ by Fred Harrison: http://www.fredharrison.com
Ricardo’s Law points lawmakers, policy analysts and social reformers toward a model of public finances that is fair and would deliver prosperity to everyone.
Published by Shepheard-Walwyn: http://www.shepheard-walwyn.co.uk
Watch the video here: