Land Value Tax in The United States - History

History

Physiocrat influence in the United States came by Benjamin Franklin and Thomas Jefferson as Ambassadors to France, and Jefferson brought his friend Pierre du Pont to the United States to promote the idea. A statement in the 36th Federalist Paper reflects that influence, "A small land tax will answer the purpose of the States, and will be their most simple and most fit resource."

Read more about this topic:  Land Value Tax In The United States

Famous quotes containing the word history:

    the future is simply nothing at all. Nothing has happened to the present by becoming past except that fresh slices of existence have been added to the total history of the world. The past is thus as real as the present.
    Charlie Dunbar Broad (1887–1971)

    The basic idea which runs right through modern history and modern liberalism is that the public has got to be marginalized. The general public are viewed as no more than ignorant and meddlesome outsiders, a bewildered herd.
    Noam Chomsky (b. 1928)

    Properly speaking, history is nothing but the crimes and misfortunes of the human race.
    Pierre Bayle (1647–1706)