4 ms·
When will people learn that more taxes make things more expensive? It's like people actually want to have world of obscenely rich and obscenely poor people...
by swsdsailor 3y ago
When will people learn that more taxes make things more expensive?
It's like people actually want to have world of obscenely rich and obscenely poor people... with nothing in the middle.
- jlhawn 3y agoLand Value Taxes are different. Nobody produces land so taxing it doesn't add to production costs and there is no deadweight loss. The economic burden of the tax falls only upon the land owner (in their role as a land owner) and cannot effectively be passed onto tenants. Land value is an economic rent which is arguably what we should tax more of and reduce taxes on consumption and income.
- mmsimanga 3y agoCan you explain how the landlord will be prevented from passing on the land tax to the tenant?