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This guy basically re-discovered Henry George's land tax theory: https://en.wikipedia.org/wiki/Land_value_tax https://en.wikipedia.org/wiki/Land_value_tax IE,
by larsiusprime 12y ago
This guy basically re-discovered Henry George's land tax theory:
https://en.wikipedia.org/wiki/Land_value_tax https://en.wikipedia.org/wiki/Land_value_tax
IE, if people can hold onto valuable property and keep it out of use hoping its value will go up, they will, and you get speculation and thus property value bubbles. Tax the land in such a way that landowners HAVE to do something useful with it to justify the price of holding it, and that happens less.
- wdr1 12y agoThis makes me wonder if raising the cost of domain registration would see less domain parking.
- anon4 12y agoThe difference being that there are infinitely many domain names, but not infinitely much land.
- branchless 12y agoGeorgist here - tax 'em! If we could put a lid on land speculation how much better the world would be.