However many hundreds of billions of dollars that is ea ch year, a goodly portion of it is rent. If any private landlord squandered his own assets that way, he'd go broke overnight. At least as much as private landlords get per acre. It's enough billions that the present beneficiaries spend fortunes on determining the outcome of elections, electing their water boys to Congress and state legislatures who keep the current largesse flowing. Try a couple trillion or more dollars each year, the money we spend on the nature we use.
Land titles are the granddaddy of all privileges.
To undo and reverse this history, it's necessary to collect and share the natural rents from all seven inconspicuous privileges. For these pieces of paper, government should charge full market value. Good for the goose, good for the gander. From these seven pieces of paper, we'll reap trillions and afford the aboliti on of taxes. Then, like a successful publicly-held company, we'll disburse the surplus in equitable shares among ourselves, we stakeholders, the citizenry.