3 ms·
While introducing some entropy is great in theory, the result in reality would be a de facto rent which is just passed further upstream. Please play the game M
by alexfromapex 3y ago
While introducing some entropy is great in theory, the result in reality would be a de facto rent which is just passed further upstream. Please play the game Monopoly and you'll see what I mean.
- mattnewton 3y agoThe tax is payed to the state not the banks and would replace some of the patchwork of other taxes they use, many of which indirectly discourage land improvement (by taxing the value of the property built on the land) or being productive (income tax, which does not tax vacant lots, only productive ones)
- savanaly 3y agoIt's ironic you would cite Monopoly given its connection to Henry George, the historical figure who first proposed the land tax the poster you're responding to was certainly referencing.
- Terr_ 3y agoYou've got it backwards, that stuff doesn't even exist in Monopoly™: There is no property tax nor land-value tax, because once you've purchased some land you can hold on to it forever for no additional cost. (Fees from moving across the board doesn't count, those aren't tied to how much you own.) That's not an oversight either, the original game was made to demonstrate that landlords were bad and with gobble everything up to become despots if not stopped. Even if those factors did exist, the rules still don't allow players to arbitrarily raise rent, otherwise you could just demand infinity money from another player and it would be a short game indeed.
- alexfromapex 3y agoI don’t have it backwards, it was how you interpreted it. Being as succinct as possible, land taxes merely adds a new landlord: the government.