TimPC

17 ms·

511.
by TimPC 4y ago
No, it's a valid economic model that has been consistently explained through economic theory. You are entitled to you're own opinion but not your own facts and you're literally calling substantial pieces of modern economics &
512.
by TimPC 4y ago
And I’m opposed to the argument that the current distribution of property is somehow more just or fair than one that results afterwards from a change in tax policy. Currently, suburbs are massively subsidized by big cities and without those
513.
by TimPC 4y ago
You don’t own property in the US and never have. You have a title and deed that result in a lease of land from government and they can enforce taxes as part of that lease.
514.
by TimPC 4y ago
You see all sorts of value from the increased value of your home including the ability to get larger loans using the land/property as an asset to back that loan. Not having the cash in hand isn’t a good basis for not charging a tax, es
515.
by TimPC 4y ago
Forced to sell is quite ridiculous he could take out a small loan against the increased property value without having to sell. He would lose less money from the loan than the unrealized gain on the property even if he paid the increase in p
516.
by TimPC 4y ago
I think there is a substantial difference between handing money back to all civilians to compensate their rights and spending the money on specific government programs that only benefit a subset of the population.
517.
by TimPC 4y ago
We are subsidizing their existence when we charge them below market property tax rates based on property values that are 40 years old instead of current market rates. You went to ad hominem very quickly on having your ideas challenged. It’s
518.
by TimPC 4y ago
My primary point is not that the old people are replaced by new people. My primary point is that you have huge costs related to maintaining the community you want in the form of massive subsidies that reduce taxation and collect resources i
519.
by TimPC 4y ago
There is also the issue that by failing to build low-cost housing it’s your community’s responsibility for pricing people out and not giving them the option to downsize within their community. Giving artificial tax breaks to subsidize bad h
520.
by TimPC 4y ago
Georgism lowers the cost of achieving density and removes subsidies paid from cities to suburbs and rural areas from the tax system. In exchange for that, some variations of the system which offer a citizen’s dividend make it possible to su
521.
by TimPC 4y ago
Taxes can have negative consequences but a single anecdote of negative consequence doesn’t prove that overall tax is net negative. Every household that moves out of a neighbourhood is replaced by the household moving into a neighbourhood. A
522.
by TimPC 4y ago
Most people who want significant increases in things like a full LVT want to use them to remove other taxes like the income tax. I haven’t met a Georgist who wants a full LVT to grow government unless you count UBI/Citizen’s Dividend a
523.
by TimPC 4y ago
In order for property taxes to be moral we have to ask what land is and what land does. Land is an economic good that is unlike any other. It captures the value of other people’s work just by existing. As the amount of income in a neighborh
524.
by TimPC 4y ago
Georgists have known for a long time about the tendency for land prices to rise in a way that captures a sizeable percentage of the gains of labour (income). This tax on productivity is best solved through a land value tax.
525.
by TimPC 4y ago
This is kind of ignoring all the positive effects from density. Yes, housing for density is hard. Yes, there are some negatives. But you would not get anywhere near the economic productivity you do from 330 Million people uniformly spread
526.
by TimPC 4y ago
It's really not. Start-ups routinely fail to generate value and engineers get hired by such companies all the time. All that is needed is the belief it's possible the value will be higher. The reality doesn't need to match t
527.
by TimPC 4y ago
Yes, but you have to be very careful about the slippery slope here and how you measure things. I personally find that I sleep about the same regardless of how miserable I am at work, which means I get no quality change from roughly eight h
528.
by TimPC 4y ago
People have expectations set by parents and society. Things like owning a house are socially expected and difficult in SV. It’s fairly natural to feel “sorry for yourself” when making good money if that good money either isn’t leading to a
529.
by TimPC 4y ago
I’d argue if prisons have significant rates of sexual assault that prisons are doing little to prevent then prisoner’s should have a right to a private cell. You don’t get to engage in huge rights violations against people who can’t defend
530.
by TimPC 4y ago
The data showing 99% of perpetrators are male doesn’t count forcible envelopment as rape. In order to rape a man a woman has to penetrate him in some way for example sticking a finger in his ass.
531.
by TimPC 4y ago
Or maybe it’s enough to have people in the same time zone working the same hours and communicating using technology. There is a big difference between questions being answered right away and questions being answered overnight that one still
532.
by TimPC 4y ago
Derailments could be getting worse even with fewer of them. The author of the letter is talking about the trend towards monster trains which suggests fewer trains being run. Is the number of derailments per train going up? Is the impact of
533.
by TimPC 4y ago
I think it's fair to be against student loans. My point is that by being against preventing the declaring of bankruptcy of student loans you're in effect arguing for either a system where the providers are forced to give out loans
534.
by TimPC 4y ago
Other countries make government funding of universities and government funding of student loans for those same institutions conditional on price controls. What’s wrong with saying the US government gives no research money, no funding dollar
535.
by TimPC 4y ago
Maybe after a certain time period but what’s to stop people from declaring bankruptcy immediately after finishing a degree and before working. It’s hard to have a loan backed by no asset that’s dischargeable in bankruptcy and given to peopl
536.
by TimPC 4y ago
You need something SLAB-like because otherwise everyone declares bankruptcy between finishing their degree and getting a first job. Congratulations you just cancelled all new student loans. Something like dischargeable in bankruptcy after 1
537.
by TimPC 4y ago
What was the extremely harsh correction to the high inflation of the 1970s and 1980s. I don’t recall more than a minor recession in the 1990s. Perhaps you’re from a different reality than me?
538.
by TimPC 4y ago
The more relevant variable isn't employment rate but GDP. We have a shrinking GDP which is the definition of a recession.
539.
by TimPC 4y ago
I still think it's the least bad option. I prefer two recessions to a depression.
540.
by TimPC 4y ago
The counterpoint is that we needed higher rates earlier to combat inflation before we had stagflation. My understanding is that with stagflation the better policy is to accept the inflation. Raising interest rates combats inflation but als

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