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I feel that this is a misleading. Property taxes are not leases on property but simply a disincentive to hoarding unused land.
by RealityVoid 4y ago
I feel that this is a misleading. Property taxes are not leases on property but simply a disincentive to hoarding unused land.
- rjbwork 4y agoMaybe in theory, but functionally it is the same. You don't pay your property taxes, you get a lien, and can eventually, in extreme circumstances, be foreclosed on.
- RealityVoid 4y agoI do not understand your point, really. Obviously, from a legal standpoint, ownership exists. But you say, no, no, no, that's not _reaaaal_ ownership, since I have to pay property taxes. When most people talk about ownership, when the law talks about ownership, it exists, and I think that is enough for it to exist.
- rjbwork 4y agoThat's okay, it requires some knowledge of rather niche economic philosophies. I'd suggest reading into some philosophy of property, labor, and ownership. Specifically in the right-libertarian and left-anarchist traditions. Start with John Locke and Adam Smith, then move into thinkers such as Marx, Proudhon, George (Henry, of Georgism fame), Nozick, Rothbard, and writers on similar topics.
- HDThoreaun 4y agoLVT is a disincentive to hoarding land. Property taxes are incentive to tear buildings on used land down.
- notch898a 4y agoThis is a great example of how framing makes a big difference. If I used the same framing, I would say LVT are an incentive to tear down the land (introduce toxic waste, endangered species that can't legally be disturbed, etc). Or I could say Property taxes are a disincentive to hoarding buildings.