3 ms·
I'll believe it when he institutes a national Land Value Tax
by 01HNNWZ0MV43FF 2y ago
I'll believe it when he institutes a national Land Value Tax
- epistasis 2y agoAs the only tax without deadweight loss, a LVT is fundamentally different from a tariff. And in fact the devastating economic effects of tariffs are one of the primary reasons the LVT gained traction a bit more than a century ago.
- Gormo 2y agoNo constitutional basis at the federal level, and ad valorem taxation is already implemented at the state level (as a pragmatic approach, without being rooted in incoherent ideologies like Georgism).