3 ms·
Check out the concept of Harberger taxation: https://notes.andymatuschak.org/z2fu9D3Yrsh5zKQdLsuikBibBeoSHbVp5ZkM https://notes.andymatuschak.org/z2fu9D3Yrsh5zK
by 7373737373 4y ago
Check out the concept of Harberger taxation: https://notes.andymatuschak.org/z2fu9D3Yrsh5zKQdLsuikBibBeoSHbVp5ZkM https://notes.andymatuschak.org/z2fu9D3Yrsh5zKQdLsuikBibBeoS...
> Harberger taxation introduces a scheme in which the owner of a good pays a continuous tax based on the self-assessed value of that good, and at any time, someone else can buy the good from the owner at the taxed price.
> The rate of the tax moderates the balance between “allocative efficiency” (i.e. buyers can purchase a good when they value it more than a seller) and “investment efficiency” (i.e. increases in values to both buyer and seller are captured by seller).
- beachy 4y agoThis is like a roulette clause in company ownership by two parties. Either party can request the other to buy them out for, say, $1M. If the other declines, then the first party then has the right to buy the other out for that same amount. Aimed at preventing lame business partners who just squat there, refusing to leave but adding no value.