3 ms·
LVT is a great idea. I'd also like to see more general resource use taxes (i.e taxes on raw materials like water, oil, aluminum etc.). They could be adjusted b
by mythrwy 6y ago
LVT is a great idea.
I'd also like to see more general resource use taxes (i.e taxes on raw materials like water, oil, aluminum etc.). They could be adjusted based on economic conditions (instead of playing shell games with interest rates) and adjusted for external effects. Make it formulaic. Open source, everyone can see how it works and who adjusted and how and it's not a closed door XX party with input from lobbyists.
Among other good effects I see this encouraging efficient use and recycling.
- AnimalMuppet 6y agoI'm not sure that LTV is a great idea. But if it is, why stop at land? Take Google, for instance. Google owns some buildings on some land. But, in proportion to how valuable Google is, they don't own much land. What they own is a mountain of code, and multiple mountains of data. The single most valuable thing they own is the google.com domain. And out of all of that, we're going to tax... the land? Huh? If all money came from land, then LTV would make sense. When it was devised, that was more or less true. But it's not the 1800s any more, and that is a long way from true today.