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kiba
searching PlanetScale…
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9 ms
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91.
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by
kiba
9mo ago
Parks and playgrounds increase the land value of the surrounding community. That results in higher LVT. That creates a virtuous cycle for the local government who is administering those taxpayer paid amenities, same as other form of infrast
92.
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kiba
9mo ago
Incorrect. Parks and other amenities raise land value. They would be an investment by the city to raise land value in a given area. People do not want to live in soulless concrete jungle. They want to live in a society full of amenities suc
93.
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kiba
9mo ago
You're getting at the problem but you still don't understand the essence. Land is special because you can't make more of it. Even the Netherlands don't count since what they did is considered an 'improvement'.
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kiba
9mo ago
Land is taxed but improvements are not. That tax is not passed down because landlords are already charging the highest price they can. The tax simply redirect the unearned income to the public coffer which are either spent on public investm
95.
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kiba
9mo ago
I blame econonists for reusing the same word to mean different things.
96.
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kiba
9mo ago
While we don't want to tax a landowber's capital investment and improvements, most of the land value is due to the agglomeration effect of the surrounding land. So land value is mostly not an individual owner's own work, but
97.
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kiba
9mo ago
You're looking at the symptoms rather than the cause. Land is scarce and finite and you cannot make more of it.
98.
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kiba
9mo ago
You overly complicate the situation by targeting one type of actors. If you look at comment around this story, people propose complicated mechanism to hack at the problem instead of looking at the root causes. It's just land ownership
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kiba
9mo ago
The problem is not owning multiple properties, but untaxed land ownership. There's a prexisting solution for what you want to solve. It's called the Land Value Tax, which imposes a tax on land, but not on buildings and other impro
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kiba
9mo ago
Landlord, or property management, is a job, same as any other job you might have. The problem is not owning multiple properties, but not paying enough taxes on land. Otherwise, landlords benefit from the free lunch that comes with economic
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kiba
9mo ago
But practically speaking, heart disease remains the #1 cause of death due to bottlenecks in care delivery: e.g., 46% U.S. counties have no cardiologists, providing guideline-recommended preventive care would require ~27 hours per doctor pe
102.
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kiba
10mo ago
He also put an insane amount of effort, far more than most of us mortals.
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kiba
10mo ago
I regularly do improv every week, which is essentially improvised live theater. So some time is spent not watching youtube or some sort of electronic intermediaries. Which is actually pretty odd, because improvisational comedy as we know it
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kiba
10mo ago
LVT is AI proof. Severance taxes taking care of diminishing natural resources such as oil and the revenue can then be reinvested in the economy.
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kiba
10mo ago
Don't let perfect be the enemy of good. It doesn't need to be 100% effective, just need to be effective enough that it reduces the size of the problem to a manageable size. Then you can manage the special cases with specialists.
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kiba
10mo ago
I find that in order to be more "productive", you need to be able to work on a few things for a long time before you could see any payoff.
107.
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kiba
10mo ago
To us, it's a life skill. To a non-technical person, it's black magic. Some folks had to be taught on how folder structures work because they grew up with the appliance we called a "phone" as opposed to a real computer t
108.
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kiba
10mo ago
All computations eventually becomes heat. There is no computers that doesn't generate heat. We can generate less heat per computation but it eventually cannot be avoided.
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kiba
10mo ago
Until we are able to fix the environment and culture, we're stuck with medications like this. The good news is that glp1 medicine can be used to break addictive behaviors, so it is the very tool that can help change our environment by
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kiba
10mo ago
Yep. I am no stranger to using Fusion 360 and OnShape. Not really an expert, however. Now, in the course of using it, I have issues with these tools as well. A lot of it is just getting used to the interface and the overwhelming complexity.
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kiba
10mo ago
I let the library do the heavy lifting(BOLS2) these days. I want to contribute to it but hadn't mastered the many features of the library just yet. Some of the features I used: * Attachment & align. I can attach things to faces and
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kiba
10mo ago
The way I learned CAD is the same way I approach programming projects. I tackle simple, bite size projects, which then increase in complexity until I have the skills necessary to tackle big complicated projects. I found that standard CAD to
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kiba
10mo ago
And they should be catching a lot of flak for it because it's not really long term strategic planning, it's overhyping a technology and running roughshod over society promoting misuses and AI slops.
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kiba
10mo ago
Just my opinion as a Georgist amongst many, I would categorize copyright and patents as non-reproducible privilege rather than economic land though non-reproducible privilege also describes private ownership of land. It's very clear th
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kiba
10mo ago
Georgists aren't frozen in time, nor had they ever been limited to just taxing "land". We consider any economic "land" fair game. We even discussed network effects that allow companies like instagram retain a monopo
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kiba
10mo ago
It's both. You don't want to tax capital and income. VAT and sale tax are a bad idea too, especially since they're regressive. So, what do you tax? You tax land and land-like things, non-reproducible privileges(like patents a
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kiba
10mo ago
An ideal LVT would tax the full economic rent of the land, but that's unlikely to happen. We don't want to overshoot 100% because that would cause land abandonment. So in theory, LVT could collect more tax than the state needs to
118.
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kiba
10mo ago
What social networking aspect? The karma point is basically hidden from other posters.
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kiba
10mo ago
Drive down the price of land to zero via taxation and you cannot use that home to reduce your income need from retirement. It will force them to sell the property to make way for further development, since the cost of land is no longer so h
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kiba
10mo ago
Land prices are subject to speculative bubbles as well. The only way to get rid of speculation in the real estate market is to drive the price of land down to zero by taxing it. You also need a lot of money to purchase land, so this effecti
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