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Or just abandon Income Taxes (57% of US households don't pay any anyway) and embrace Land Value Taxes to fund State and Federal operations. Apply a credit for e
by ParksNet 4y ago
Or just abandon Income Taxes (57% of US households don't pay any anyway) and embrace Land Value Taxes to fund State and Federal operations. Apply a credit for each child of the owner living in the dwelling to encourage house ownership.
- SOLAR_FIELDS 4y agoI mean, Texas essentially runs that way (minus the credit) and I wouldn't exactly call it a utopia here.
- throwawayboise 4y agoI'm not sure I like the idea of land value taxes though I concede there is a better argument that government expenses correlate better to land owned than to income.
- robertlagrant 4y agoI think the issue is less about expenses and more about what the populace will tolerate handing over. The one thing that's good about land value taxes is (perhaps) that they correlate more with wealth, so politicians who get rich from the state at least have to pay tax for their fancy houses.