4 ms·
Are you aware of georgism? The only taxed thing is land. I wonder if it could work.
by adamnemecek 9y ago
Are you aware of georgism? The only taxed thing is land. I wonder if it could work.
- conanbatt 9y agoWhat is interesting about the Land value tax is that, althought it might be crazy to think abuout at national level, it is perfectly reasonable and easy to do at the local level. And economists both left and right agree that its a good tax. I never quite got why property taxes are so popular in the us and land value tax isnt. It just makes plain sense. California is the first state that should be implementing it: if it had it, its housing problems would dissapear quickly. Nimbyism would dissapear very quickly.
- njarboe 9y agoI've heard of Georgism as far as it advocates a land tax as the fairest tax, but have not read anything in detail. I think the idea has merit and need to take the time to read about it in more detail and especially why people think it is a bad idea (besides that it is not the status quo).