Unearned increment

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search

Unearned increment is an increase in the value of land or any property without expenditure of any kind on the part of the proprietor; it is an early statement of the notion of unearned income. It was coined by John Stuart Mill, who proposed taxing it so that it benefits every member of a society . Mill's concept was refined and developed by nineteenth-century economist Henry George in his book Progress and Poverty (1879).[1]

See also[edit]


  1. ^ "The Unearned Increment Tax and Land Ownership". The Nation. 18 November 1909. Retrieved 2011-11-15.

 This article incorporates text from a publication now in the public domainWood, James, ed. (1907). "Unearned increment". The Nuttall Encyclopædia. London and New York: Frederick Warne.