TimPC

20 ms·

571.
by TimPC 4y ago
Doing something progressive is probably the right way to go. I'm not sure how large a drop in property values merely announcing the policy would have. I'm also not sure how long a time window would be necessary. I think if the c
572.
by TimPC 4y ago
The percentages will work out to what they need to be to generate sufficient revenue for government. I disagree fundamentally with the idea you can tweak them independently solely to be fair to certain groups. The tax on land+improvements i
573.
by TimPC 4y ago
I think the problem is not with new loans though. As property value is reduced to structure value in the new system, many individuals will be able to own property without mortgages at all given the far lower cost of doing so. Some may still
574.
by TimPC 4y ago
Ethically, under Georgism there is a strong moral basis for taxing economic rents and particularly so for taxing land and natural resources. The argument is that we all have equal entitlements to the land and the resources on it. That equa
575.
by TimPC 4y ago
I live in Ontario which doesn't have prop 13 and I think development is still far from straightforward or simple. We do see some condo development but I'm not sure how much not having a prop 13 like policy has to do with it. It&#x
576.
by TimPC 4y ago
Markham incorporated as a town in 1971. Before that it was mostly farmland. Still over 50 years old is long enough to face road maintenance costs.
577.
by TimPC 4y ago
I disagree strongly with his fundamental premise. Even if you acknowledge and accept the full moral premise of Georgism you have to assess the degree to which people are morally culpable. Slavery was a heinous violation of human rights and
578.
by TimPC 4y ago
I think the portion of land owners in the US who inherited their land once is smaller than you might think. The portion who own property through a chain of inheritances going back to the 15th century is small enough to be virtually non-exis
579.
by TimPC 4y ago
The top five developers in my area have seen their market value rise over 30% in the last five years. Most of the development in my area is one of the top five. I’d like a better source for saying developers aren’t making money in big marke
580.
by TimPC 4y ago
I’m not suggesting altering the flow of tax money. I’m suggesting changing how it’s measured when you determine which communities are sources and sinks. It’s very superficial to say a city with a job generates 100% of the income tax from th
581.
by TimPC 4y ago
I never said to give the income tax to the suburbs. I said the model of whether or not suburbs are tax sources or tax sinks depends on how this is computed. People create models where cities that swell to double the size in the day generate
582.
by TimPC 4y ago
Many for example Universities invent something patentable that's broadly useful but don't want to start a company to make the thing. You're throwing out the baby with the bathwater in this proposal. It also doesn't solv
583.
by TimPC 4y ago
Many authors do some of their best work late in their lives and it would be a sad society if we stopped funding the art projects of those who got ill or aged because of inability to generate profits from them. The right interval for copyri
584.
by TimPC 4y ago
Tideman's proposal is for the costs to the system to be absorbed by the current holders of property. As a first approximation, people would continue to hold title to the land to which they now hold title, and would continue to owe what
585.
by TimPC 4y ago
There are a number of big developers in my province most of which have generated substantial returns to their investors. In the current environment where property values are high and increasing holding onto land is quite profitable. All de
586.
by TimPC 4y ago
These examples are fair. At the provincial level Transport, Pipes and Wires all are small enough expenditures to not warrant their own category breakdown in the budget and are lumped into a 14.6% of budget other category. At the city level
587.
by TimPC 4y ago
Suburbs are a money-loser for governments if you allocate income tax revenue at the location of the job. That isn't really a fair allocation though, as suburbs are part of the reason professionals take jobs in big cities. If you either
588.
by TimPC 4y ago
So you say you have $1000/month out of $1800 that are unrelated to providing rent in the unit being rented and you feel there is no possibility that you're capturing some sort of economic rent when you have more than 50% profit ma
589.
by TimPC 4y ago
I think it's fair to say efficiency and fairness are sometimes competing concerns. For instance, I disagree on shifting only property taxes to LVTs because I think they benefit condo developers at the expense of homeowners. Any tax shi
590.
by TimPC 4y ago
I think it's misleading to measure things in revenue per square foot. Most government services aren't provided based on the number of square feet but rather based on the number of people. The per capita revenue for denser develop
591.
by TimPC 4y ago
I agree there might be some sort of translation problem that would partially automate the cost of converting all these examples in textbooks, monographs, and research journals from pseudocode in English+Mathematics into the correct formal l
592.
by TimPC 4y ago
But avoiding working in the powerful logics is akin to working in a single logic as much as possible without merging any. So you've lost the benefit of multiple logics that you're originally claiming and you're back in my &qu
593.
by TimPC 4y ago
Can you make a strong case for transitioning just property taxes to land value taxes without transitioning other forms of taxation? I'd argue that this would result in a fairly sizeable wealth transfer from homeowners to condo develop
594.
by TimPC 4y ago
I'm hesitant to implement locally without changes at larger levels. I feel like the system depends in a fundamental way on the removal of sales and income taxes on individuals to account for the increase in taxation for less improved l
595.
by TimPC 4y ago
Can you give examples of how this is true? I feel like the main government spending that made me more productive was some transit spending before I was born and their education spending. I feel like most government services aren't thi
596.
by TimPC 4y ago
I think I need to think about this some more. It seems like the goal of government is to figure out the tax rate that counters the land value perfectly without taxing any more. The fact that it is unimproved land value means we aren'
597.
by TimPC 4y ago
My default reaction to 1) is that I dislike it. I feel like the incentive to labour to accept the tax of unimproved land value instead of property tax is the removal of income and sales taxes that accompany it. Taxing unimproved land value
598.
by TimPC 4y ago
Can you explain in what sense LVT is the most efficient form of tax? I do understand that normally when you tax something malleable you get less of it so it's often best to tax things that aren't malleable. But what precisely is
599.
by TimPC 4y ago
I worry that the Henry George Theorem suggests a government can spend money in order to tax more of it. It potentially solves the issue of governments not having enough revenue, since arguably they can tune unimproved land values upwards t
600.
by TimPC 4y ago
I think it's extremely important to undertake a cost benefit analysis of the end state to decide if we want to transform society in that direction. So I disagree strongly with any comment of the form "don't get too caught up

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