bufordsharkley

29 ms·

91.
by bufordsharkley 10y ago
The author, Chuck Marohn, has previously made this video that explains how a Land Value Tax would affect the fiscal situation of a city (for the better): https://www.youtube.com/watch?v=ok2uR3btMrE
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by bufordsharkley 10y ago
This is why a Land Value Tax is the clearly logical way to fund a UBI-- by collecting land rents in this fashion, you remove the ability for landlords to effectively confiscate the UBI.
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by bufordsharkley 10y ago
The mere existence of wealth can be awfully distortionary-- consider wealth in valuable land. Even without an income stream from this land, it makes other land even more scarce, and leads to general unaffordability.
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by bufordsharkley 10y ago
This is a major reason why a Land Value Tax is more equitable than a property tax. You own land in downtown SF? That's a very scarce resource, and you ought to be taxed on it in order to make sure it's correctly utilized. (Note:
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by bufordsharkley 10y ago
This is certainly a low-hanging fruit to attack, but one can get to the point where land is inefficiently used, even if it's completely occupied.
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by bufordsharkley 10y ago
It's worth noting that the Howard Jarvis Taxpayer's Association[0], the group that originally passed Prop 13, fights for its continued existence as a dedicated lobby, and they're extremely well organized. [0] http:/&#x2
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by bufordsharkley 10y ago
Taken to the full Georgist theory, a person is entitled to property in themselves, and in what they create, but not to land and other natural resources; they have no right to excludes others from natural resources without paying the rest of
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by bufordsharkley 10y ago
> I do have to add the caveat that it's mostly bad, but not _all_ bad: some of my favorite spots in town would have almost certainly had to evacuate the city by now if they weren't grandfathered into a certain tax rate (usually
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by bufordsharkley 10y ago
I can't take any credit for the site's content (aside from the time I live-tweeted a Palo Alto City Council meeting)[0]-- my hat is certainly off to the journalism that site has come to provide, covering stories one won't fin
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by bufordsharkley 10y ago
Interesting point. Out of curiosity, what's the property tax rate in these communities?
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by bufordsharkley 10y ago
You could call it a form of generational theft, from the 1978 population of California against all future generations to move there. Nordlinger v Hahn (1992)[0] challenged the Constitutionality of this under the Equal Protection Clause of t
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by bufordsharkley 10y ago
Yes, some have outlined a deferement, roll-up option that would work to do this.[0] Another option would be a Community Land Trust[1], which would take the responsibility of land ownership away, and allow residents to have more stability at
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by bufordsharkley 10y ago
How does it help? By creating a competitive market in housing, it should ensure that the housing stock is full enough to create new affordable living for the person to move to. But... does that still mean people might be taxed out of their
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by bufordsharkley 10y ago
If you're going to ask me about what should be the case, I'd certainly want to move more towards a land value tax[0], which captures the rental value of the land, but doesn't tax the improvements on top of it. It's agr
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by bufordsharkley 10y ago
The connection: without Prop 13, a decision to protect neighborhood character would have an explicit trade-off for residents-- their decision not to develop would lead to scarcity in developable land and thus higher land values, and thus hi
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by bufordsharkley 10y ago
It's an editorial, for sure. And yes, the site is connected with the Yimby Party[0] and SFBARF[1], who have been featured in HN before.[2] FWIW, I helped put together the website, which uses Armin Ronacher's Lektor CMS.[3] And as
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Prop 13, Or, California's Progressive Blindspot Illuminated(sfbamo.com)
122 points by bufordsharkley 10y ago|88 comments
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by bufordsharkley 10y ago
> But then, the price of raw unimproved land basically tracks inflation, indicating a competitive market. This is true looking at all land, as recent articles by Robert Shiller indicate[0], but especially valuable land has outstripped
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by bufordsharkley 10y ago
Anyway, I wholeheartedly recommend reading Henry George's "Protection or Free Trade"[0], which both identifies why free trade is the right way forward, but also identifies all the suffering it is causing today. (The chapters
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by bufordsharkley 10y ago
One thing not mentioned is that: 1) In booming urban areas, price-of-living can outpace the return to wages-- not everybody is benefiting, and landlords/homeowners are benefiting more than most. 2) In depressed rural areas, there is li
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by bufordsharkley 10y ago
This is an incentive to demolish a home in order to drive the assessment down (and keep ownership of the valuable land). Right?
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by bufordsharkley 10y ago
> Acquiesce or move are not adequate options. Hong Kong is an amazing city, international and self-governing, competitive and self-funding-- in almost every way, it seems like a glimpse of the future; Tomorrowland. However, its leverage
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by bufordsharkley 10y ago
After watching (Curio creator) David Beazley's presentation from earlier this year on async/await[0], I feel I finally get it. Recommended watching. [0] https://www.youtube.com/watch?v=E-1Y4kSsAFc
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Asking People If They Need a Cellphone in 1999(youtube.com)
5 points by bufordsharkley 10y ago|1 comments
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by bufordsharkley 10y ago
I love the Soylent concept. I did it for a good amount of last year (before getting a job with free food). My only complaints: * Too expensive * Too inconvenient (It leaves a residue on everything , and mixing a pitcherful consistently was
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by bufordsharkley 10y ago
Rising land values don't produce taller buildings when landowners don't feel the pain of rising land values (see: Prop 13). A very efficient tax is the land value tax: by untaxing the improvements on land and taxing the land value
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by bufordsharkley 10y ago
A Coasean solution to NIMBYism! I think there's merit in this, but when you expand it to the bigger problem of the landed and the landless, you see how it fails to scale: a Coasean solution to landlessness is equivalent to a Coasean so
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by bufordsharkley 10y ago
A parcel tax is a very imperfect cousin of a Land Value Tax-- assessing all parcels the same regardless of land value is extremely inefficient and inegalitarian.
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by bufordsharkley 10y ago
This is completely correct. It's one more reason that the cure for our ills is not hoping for local governance to overcome NIMBYism but rather for reform in land-use policies which will achieve more fairness.
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by bufordsharkley 10y ago
> What I do know is that historically large population movements of different peoples are a prelude to war. They always have been and I see no reason why they won't be once more. I agree more with the concept that strong borders are

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