3 ms·
> In any case, I believe a land value (or other property) tax would face significant (possibly insurmountable) Constitutional challenge to levy this federally i
by runnerup 5y ago
> In any case, I believe a land value (or other property) tax would face significant (possibly insurmountable) Constitutional challenge to levy this federally in the US absent an amendment.
I'm really quite sure this would be a state-level thing.
- epistasis 5y agoFurther, I think such a tax would provide absolutely huge economic benefits to the states that passed them. Much like California's restrictions on non-competes allowed a much more dynamic tech industry to develop than what developed in Massachusetts.
- ghaff 5y agoPeople moved between computer companies all the time in Massachusetts--albeit at a time when engineers job-hopped much less than today. I never had a non-compete until EMC bought the company I worked for and that non-compete was pretty reasonable and didn't keep me from getting a job elsewhere. I don't like non-competes and MA has fairly recently made some worthwhile (although insufficient) changes. But the differences between CA and MA (which still has some of the highest VC investments in the country, albeit less than CA) are hard to square with being primarily about non-competes.