If you want to get serious about addressing the wealth boomers have accumulated through rent seeking, using capital gains taxes, VATs, and LVTs is a much better way to go. https://twitter.com/jdcmedlock/status/1283432404732895232

VATs are underrated in this respect. When you impose a VAT, you are imposing a one-time lump sum wealth tax on all currently existing wealth, which gets collected as the wealth is spent. It doesn’t accomplish the same thing as a explicit wealth tax, but it’s very progressive

So the Georgist case for a VAT [*ducks*] is that as ill gotten housing wealth gets spent by boomers in retirement, a VAT will capture some of that. It’s not nearly as good as a LVT in that respect, but this is an advantage over relying solely on labor taxation