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John R. Commons - Historically, land taxes are...

Historically, land taxes are commutations of physical rents into money-rents, and taxes are not something taken from private property by the sovereign, but property is sovereignty taken collectively from the King by his tenants. (John R. Commons)

Historically, land taxes are commutations of physical rents into money-rents, and taxes are not something taken from private property by the sovereign, but property is sovereignty taken collectively from the King by his tenants.

John R. Commons

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king land physical private property something sovereign sovereignty take tax rents

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