single tax (Meaning)
single tax (n)
a system of taxation in which a tax is levied on a single commodity (usually land)
single tax ()
A tax levied upon land alone, irrespective of improvements, -- advocated by certain economists as the sole source of public revenue.
Synonyms & Antonyms of single tax
Synonyms:
single tax Sentence Examples
- The single tax movement advocates for a sole tax on land value to replace all other forms of taxation.
- Henry George, the father of the single tax, believed it would resolve social and economic inequalities.
- Critics argue that the single tax would disproportionately burden landowners and ignore other sources of wealth.
- The single tax has been implemented in some cities and regions, but its widespread adoption remains elusive.
- Proponents claim the single tax reduces speculation, promotes efficient land use, and increases affordability.
- Opponents contend that the single tax would disrupt existing property rights and stifle investment.
- The political viability of the single tax varies depending on the context and prevailing ideologies.
- Some economists view the single tax as a potential solution to fiscal and environmental challenges.
- The single tax debate continues to evoke strong opinions and generate controversy.
- The concept of a single tax has influenced fiscal policies and land reform movements throughout history.
FAQs About the word single tax
a system of taxation in which a tax is levied on a single commodity (usually land)A tax levied upon land alone, irrespective of improvements, -- advocated by ce
value-added tax, sin tax, tax, poll tax,income tax, withholding tax, hidden tax, sales tax, property tax, tribute
No antonyms found.
The single tax movement advocates for a sole tax on land value to replace all other forms of taxation.
Henry George, the father of the single tax, believed it would resolve social and economic inequalities.
Critics argue that the single tax would disproportionately burden landowners and ignore other sources of wealth.
The single tax has been implemented in some cities and regions, but its widespread adoption remains elusive.
