3 ms·
Oh, ok. So you’re saying that changing tax systems would change the equilibrium, and some people might call that a harm. But that’s true of any major change, ev
by db48x 3y ago
Oh, ok. So you’re saying that changing tax systems would change the equilibrium, and some people might call that a harm. But that’s true of any major change, even if the new equilibrium is better for most people. It’s more of a fact about the _change_ than about what you changed to.
- sokoloff 3y agoYes. There are actual bondholders and pension holders right now who would be harmed by the change to a land-value taxation scheme.