harryh

40 ms·

391.
by harryh 7y ago
In Switzerland a man was manhandled by police and then fined for saying "Allahu akbar" in public. https://www.theweek.co.uk/98878/swiss-muslim-fined-178-for-s... Elsewhere a European Court of Human Rights rul
392.
by harryh 7y ago
We could do that, but then it would be more like a poll tax or a head tax instead of a consumption tax.
393.
by harryh 7y ago
ratio between rents and property values varies wildly Does it vary all that much within a specific property tax jurisdiction?
394.
by harryh 7y ago
Let's say that imputed rent is, on average, 10% of the total value of the property. That makes a 10% tax on imputed rent the exact same thing as a 1% tax on the value of the property. So your point is really just an argument about the
395.
by harryh 7y ago
I'm glad you've come around to my p.o.v. on property taxes! The pros and cons of a mark to market capital gains tax are pretty far outside of the scope of this thread, so I will save my thoughts on them for another day.
396.
by harryh 7y ago
You could say the same thing for almost all goods and services which are subject to consumption taxes.
397.
by harryh 7y ago
Imputed rent is (roughly) proportional the the value of the property, So a tax on one is the same as a tax on the other.
398.
by harryh 7y ago
You can’t sell part of a house. Sure you can: https://point.com/how_it_works
399.
by harryh 7y ago
Some land is more valuable than other land. Living on top of more valuable land consumes a more valuable resource.
400.
by harryh 7y ago
In addition to what tptacek said, taxes are paid with money which is an infinitely fungible commodity. Eminent domain confiscates a specific piece of property that cannot be precisely replaced.
401.
by harryh 7y ago
No.
402.
by harryh 7y ago
Yes.
403.
by harryh 7y ago
Because they don't discourage otherwise positive economic activity.
404.
by harryh 7y ago
Property taxes aren't wealth taxes, they're consumption taxes. This is obvious when you consider the fact that a person who owns a piece of property outright pays the same property tax as someone who owns a similar piece of proper
405.
by harryh 7y ago
I thought the purpose of tax was to fund the government. Not to take stuff that other people wanted..... Property taxes are among the most economically efficient taxes that exist. They are an excellent way to fund the government.
406.
by harryh 7y ago
I don't understand why that is a relevant question.
407.
by harryh 7y ago
Yes, those things too.
408.
by harryh 7y ago
Prop 13 is a huge distortion to tax and revenue generally, but it doesn't promote anti-development NIMBYism. When the carrying costs of a piece of property are artificially low there isn't nearly as much incentive to put that pi
409.
by harryh 7y ago
Not Voting is essentially a disguised no vote. This is such a lame rule. People wanting to vote no should have to say so and vacancies shouldn't make it harder for bills to pass.
410.
by harryh 7y ago
Anyone in this situation can easily take out a home equity loan to pay the taxes and come out way ahead. Your assertion that the higher taxes would force them to move is wrong.
411.
by harryh 7y ago
Because there is a time limit on these things. I don't understand all of the procedural rules but since it didn't pass this vote now nothing can be done for a year. If it had passed this vote now it could have been tinkered with b
412.
by harryh 7y ago
I think it's fine for tools to be complex internally if they make things easier for people externally. Is it though? https://www.jwz.org/doc/worse-is-better.html
413.
by harryh 7y ago
At first I had written "His name is Avery Pennarun" but that was way too Fight Club.
414.
by harryh 7y ago
Avery Pennarun is his name.
415.
by harryh 7y ago
The typical window with today's regulatory framework is 7-12 years. Your proposal certainly changes that some, but it's not nearly as dramatic as your original framing of "reduce it from 20 to 5 years."
416.
by harryh 7y ago
Correct. Cancer survival rates in the US are generally the highest in the world (it varies a bit by cancer type). https://www.cdc.gov/cancer/dcpc/research/articles/concord-2....
417.
by harryh 7y ago
The vast majority of drugs wouldn't even make it out of the FDA approval process before the patent expired if you set the term to 5 years.
418.
by harryh 7y ago
Moving capital overseas has dramatically helped workers in low wage countries. Why would they want to stop this phenomenon?
419.
by harryh 7y ago
The OP references real incomes which means they are inflation adjusted. People are definitely spending A LOT more than 3-5% more than they did in 1955.
420.
by harryh 7y ago
Real Median Personal (not household!) income is also up significantly: https://fred.stlouisfed.org/series/MEPAINUSA672N

More ›