Tax bads, not goods

'Tax bads, not goods' is one way to discriminate between the extractive and the creative capitalists. 

'Bads', such as depletion or pollution, accrue to the extractives and tend not to accrue to the creatives. 

It's not the value added that should be taxed, it's the value removed that should be. 

Henry George and the land tax movement were not far from this notion.