A Quote by Franco Modigliani

Is it important that the rent of land be retained as a source of government revenue. Some persons who could make excellent use of land would be unable to raise money for the purchase price. Collecting rent annually provides access to land for persons with limited access to credit.

Franco Modigliani

Quote Topics

Access Collecting Could Credit Excellent Government Important Land Limited Make Money Persons Price Provides Purchase Raise Rent Revenue Some Source Unable Use Would Would Be

Quote Author

Franco Modigliani
Italian - Economist
June 18, 1918 - September 25, 2003

Both ground- rents and the ordinary rent of land are a species of revenue which the owner, in many cases, enjoys without any care or attention of his own. The annual produce of the land and labour of the society, the real wealth and revenue of the great body of the people, might be the same after such a tax as before. Ground-rents, and the ordinary rent of land are, therefore, perhaps the species of revenue which can best bear to have a peculiar tax imposed upon them.

Adam Smith

Our ideal society finds it essential to put a rent on land as a way of maximizing the total consumption available to the society. ...Pure land rent is in the nature of a 'surplus' which can be taxed heavily without distorting production incentives or efficiency. A land value tax can be called 'the useful tax on measured land surplus'.

Paul Samuelson

[My father] did get enough money to buy mules. We didn't have tractors, but he bought mules, wagons, cultivators and some farming equipment. As soon as he bought that and decided to rent some land, because it was always better if you rent the land, but as soon as he got the mules and wagons and everything, somebody went to our trough - a white man who didn't live very far from us - and he fed the mules Paris Green, put it in their food and it killed the mules and our cows.

Fannie Lou Hamer

Land ownership has never been a problem. People have access to land. The peasants cannot complain about land ownership.

Jakaya Kikwete

It is public land and we will do our best to provide recreational activities. We are looking at initially allowing kayak access, wade fishing, bicycle access and walking access on some of the interior roads.

John Wallace

Land taxes is the thing. They got so high that there is no chance to make anything. Not only land but all property tax. You see in the old days, why the only thing they knew how to tax was land, or a house. Well, that condition went along for quite awhile, so even today the whole country tries to run its revenue on taxes on land. They never ask if the land makes anything. "It's land ain't it? Well tax it then."

Will Rogers

The user of land should not be allowed to acquire rights of indefinite duration for single payments. For efficiency, for adequate revenue and for justice, every user of land should be required to make an annual payment to the local government equal to the current rental value of the land that he or she prevents others from using.

Robert Solow

From the Anarchist standpoint, these artificial hindrances which are the cause of three main forms of usury-interest, profit, and rent, are, in the order of their importance, monopoly in the control of the circulating medium-money and credit, private property in land not based on occupancy and use, patent rights and copyrights, and tariffs.

Laurance Labadie

This land is your land, this land is my land, From California to the New York Island. From the redwood forest to the Gulf Stream waters This land was made for you and me.

Woody Guthrie

Rent-to-own provides a vital service to millions of Americans. It is also critical for African-Americans, Latinos and other minorities to have access to alternative products and services, such as rent-to-own.

William Lacy Clay, Jr.

Will biofuel usage require land? Absolutely, but we think the ability to use winter cover crops, degraded land, as well as using sources such as organic waste, sewage, and forest waste means that actual land usage will be limited. Just these sources can replace most of our imported oil by 2030 without touching new land.

Vinod Khosla

In the United States, where we have more land than people, it is not at all difficult for persons in good health to make money.

P. T. Barnum

Westerners deserve a voice in the land-use decisions that affect their daily lives, and it would be wrong to move the Bureau of Land Management thousands of miles away from the land it manages back to a faceless marble building in D.C.

Lauren Boebert

When Arizona became a state, the federal government granted our founders nearly 11 million acres of state land. Every time we sell a piece of that land, proceeds go into the Land Trust where the money is invested and earns interest.

Doug Ducey

It is a noble land that God has given us: a land that can feed and clothe the world; a land whose coastlines would enclose half the countries of Europe; a land set like a sentinel between the two imperial oceans of the globe.