As a follow-up on Warren Samuel's post, readers may like to read today's Financial Times, whose economics editor, Martin Wolf has a germane article, "Land Tax is Something to Build on". See https://registration.ft.com/registration/barrier?referer=3Dhttp://news.ft. com/home/uk&location=3Dhttp%3A//news.ft.com/cms/s/609e9684-f717-11da-a566- 0000779e2340.html [Login required.] It begins thus: How should one finance infrastructure? How should one decide what infrastructure to build? The answer to these two questions would appear self-evident: we should build infrastructure if benefits exceed the cost and we should finance it by taxing the beneficiaries. Who are those beneficiaries? Landowners is the answer. Land taxation is the natural, efficient and just way to finance the capital cost of infrastructure. That is the point of a thought-provoking pamphlet by Fred Harrison, research director of the Land Research Trust [_Wheels of Fortune: Self-funding Infrastructure and the Free Market Case for a Land tax_ Institute of Economic Affairs]. ... Roger Sandilands