I agree there is enough, so long as it is not hoarded.
By owning land, you deprive others access to that land which we all have a right to.
The land didn't truly belong to the people, even before the country was founded:
Land preemption was a major element of colonial policy in early American history. Gary Nash, in Class and Society in Early America, described land grants in colonial America comparable to those of William I in England after the Conquest. In New York, for example, the largest estates granted by the British colonial administration (after the New Netherlands was acquired in the Dutch Wars) ranged from the hundreds of thousands to over a million acres. Governors continued to grant tracts of land in the hundreds of thousands of acres to their favorites, well into the eighteenth century. Under Governor Fletcher, some three-quarters of available land was granted to 30 persons.
Albert Jay Nock, in Our Enemy, the State, argued that “from the time of the first colonial settlement to the present day, America has been regarded as a practically limitless field for speculation in rental values.” Many leading figures in the late colonial and early republican period were prominent investors in the great land companies, including George Washington in the Ohio, Mississippi, and Potomac Companies; Patrick Henry in the Yazoo Company; Benjamin Franklin in the Vandalia Company, and so forth.
https://fee.org/articles/the-subsidy-of-history/
The Homesteading Act, too, favored the land speculators:
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I can probably get behind the idea of land under a certain acreage or market value being tax-free. I really have no issue with it. But I do take issue with
royal libertarians who see nothing wrong with landlords holding millions of acres out of use for the rest of the citizenry, just in the hopes of their neighbors driving up the values through their own work.
Unfortunately, that is not how homesteading turned out for the most part. In my opinion, it is unrealistic to void all the land titles we can consider illegitimate.
Land value tax (aka ground rent) combined with a
citizen's dividend is the fairest and most realistic way to deal with the injustice.
I agree.
Agreed.
I believe LVT would address these problems you bring up... and the tax for most 5 acre homesteads would be very low... almost negligible. But I could live with what you propose here.