Henry George believed that: (1) landowners deserve the economic rent that their land holdings provide. (2) a single tax on land equal to the unearned surplus would pay for all needed government. (3) economic inefficiency would result from a tax on the unearned surplus that landowners receive annually. (4) landowners bear most of the costs connected with economic growth. (5) taxation was inefficient in raising revenues.
Can anybody suggest me the proper explanation for given problem regarding Economics generally?