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> movements like Georgism have interesting proposals to use mitigation of externalities to fund whatever government is needed I, too, would very much like to s
by prottog 3y ago
> movements like Georgism have interesting proposals to use mitigation of externalities to fund whatever government is needed
I, too, would very much like to see this play out in practice. But I don't think it'll ever actually happen in real life, because it would likely dramatically reduce the size of government (which politicians are loathe to do) and economically hurt wealthy landowners the most.
- local_crmdgeon 3y agoTexas is arguably the most Georgist state, and it seems to be going quite well for them.
- prottog 3y agoI'm curious, in what way does Texas have Georgist policies? As I understand it, all taxing jurisdictions within Texas that levy a tax on real estate do so on the appraised fair market value of the whole property, with no specific focus on just the unimproved value of the land, which is the linchpin of Georgist taxation.