Dr. Charles Murray discusses welfare state and economic inequality 

The government causing poverty with business license and regulations created by business competitors to throw out of business reducing comeptive marketplaces . The business increasing market share which increasing wages and causing higher wages and instead of paying mostly taxes and regulations on small business which cause income inequality

+Franklin Falco This video is *way* over your learning ability. Stratospheric levels higher...

the government attempted to help the poor after the financial crisis and the reason recover was slow because of 100,000 page of business regulations and high taxes which makes it difficult to quickly recover despite bailout of banks and stimulus bill of 2009

And the increasing economic inequality is eroding our democracy.

+MrHalified A full reply to all that you have written would require far more time (and space) than what is reasonable to post. What Henry George tried to tell us is that all of us who control any part of the planet owe to the community (and society) a charge for what is on principle a privilege. How should this charge be determined? By competitive bidding. Then, once we make this payment equal to the full, annual potential value of the land we hold, our financial obligation to the community is fulfilled. To tax the value of our house, to tax our income earned by producing goods or services, or to tax our commerce is an unjust confiscation of private property. If Henry George's proposals were fully implemented, development would be much more orderly than is the case today. Hoarding of land and land speculation would evaporate because the financial benefit of holding land out of use would be removed. That said, the need for comprehensive land use planning is, in my view, still an important task to be undertaken, with input from all citizens.

+MrHalified No doubt people who already possess large personal fortunes could afford to pay in taxation the full potential annual rental value of any land they hold or want and not feel a financial pinch. For this reason I favor continuation of estate taxation and argue in favor of a truly progressive structure for the individual income tax. It will take time to create what Henry George described as "a fair field with no favors," but we need to tackle the problem of allowing people to control land with holding cost year after year.

+luvcheney1 I do not understand what you mean. Actual capital (meaning capital goods) depreciates on its own over time. I side with Henry George in calling for the exemption of all capital goods from taxation. Do so would result in a significant increase in investment in the production of new capital goods and the maintenance of existing capital goods.

+luvcheney1 Yes. Most large estates are accumulated by passive investment and/or speculative "rent-seeking." If the full potential rent of land was the source of public revenue, I would not advocate an estate tax. As things are, I think it is reasonable to impose a graduated estate tax. The data on wealth ownership suggests that an initial exemption of, say, $3 million is sufficient to exempt the bottom 95% of all individuals.