Land is capital. And the importance of land in economies have lessened quite a bit from the 19th century.
And even Henry George wasn't really a Geoist. He criticized all forms of unearned income, and called for e.g. abolition of intellectual property and nationalization of banks.
Yes, Henry George had some good ideas, but nobody is perfect. His ideas about the business cycle were also rubbish.
The supply of land is fixed. We can make more capital.
If you tax land or labour, you get less of them. If you tax land, it's still the same amount. Land is also hard to hide [citation needed], so tax evasion is harder.
And even Henry George wasn't really a Geoist. He criticized all forms of unearned income, and called for e.g. abolition of intellectual property and nationalization of banks.
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