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The despicable problem with land taxation is that it turns property from owned to rented. It allows for abuses of raising tax rates to drive people off their pr
by ctdonath 9y ago
The despicable problem with land taxation is that it turns property from owned to rented. It allows for abuses of raising tax rates to drive people off their property. It replaced true supply-and-demand with arbitrary choices by under-informed bureaucrats, which never goes well. It is the core of gentrification problems, driving people from long-occupied homes via taxation because others pay a premium for neighbouring properties.
Never mind the core problem with UBI itself: funding inactivity by taxing productivity.
People should be able to own land outright. Let the poor and elderly and independent keep theirs, without being driven out by overwhelming taxes raised to fund the poor and elderly.
- deleted 9y ago[deleted]
- jibberia 9y agoHow does that differ from property taxation?
- ctdonath 9y agoIt doesn't. Property taxation is property taxation.
- tomp 9y agoWhat?! Poor people can always be abused by driving up taxation. You don't need to tax their homes, you can just tax their food, water, electricity and fuel. I see a much bigger problem in land ownership encouraging concentration of capital. We should be encouraging productivity, innovation, hard work, not rent-seeking.
- ctdonath 9y agoIf you own land, without property tax, you can become completely self sufficient: grow food, build shelter, produce power, collect water. I grew up close to that, and could have done it 100% if needed. Outright land ownership is critical to survival, independence, and productivity. Property taxes are horribly destructive.