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Land value tax is aimed at suppressing land speculation. I'm not sure why you are contrasting my mentioning LVT to the original topic, as I put that in because
by branchless 10y ago
Land value tax is aimed at suppressing land speculation. I'm not sure why you are contrasting my mentioning LVT to the original topic, as I put that in because the parent poster said, in a very supercilious way:
> Can you propose an alternative for capital allocation? Perhaps some magic central planning AI?
The system we have is fundamentally flawed.
- infinite8s 10y agoHow do we decide what to build? Or who to give money to to build those things?
- branchless 10y agoThat is not land value tax at all. http://www.landvaluetax.org/what-is-lvt/ http://www.landvaluetax.org/what-is-lvt/