Public services increase the value of land sites.
Then people are told that it is right for a handful of private landowners to c ollect that publicly created rental value of land sites in the form of private unearned income . Imagine the result when the government installs a new road or subway station near to a piece of land held by a speculator. Our earned income is taxed aw ay from us and then goes into that person's wallet. With such nonsense going on all around us, it's no wonder that people have little respect for private property. It is wrong for private landowners to collect the publicly created rental value of land as unearned income.