theseus7

4 ms·

1.
by theseus7 8y ago
The more general principle is that investors put their money where it generates the highest return. Since the United States taxes land rents much less than it taxes labor and capital, investment leaves agricultural areas where farming is he
2.
by theseus7 8y ago
The increasing concentration of farm land ownership in the hands of fewer, larger farmers is the result of declining property taxes on land: http://www.masongaffney.org/publications/D1Rising_Inequality... Farming is he
3.
by theseus7 9y ago
The first part of the solution is to completely eliminate mortgage subsidies and mortgage interest deductions. These do not increase the supply of housing, they only subsidize demand for more expensive houses and increase indebtedness, and
4.
by theseus7 9y ago
You will still be competing against everyone else who does the same, and your competition will be vastly increased. It will no longer be profitable for other nearby land holders to hold on to idle, vacant, or under-utilized land. For instan
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by theseus7 9y ago
Communism is anti-worker because it leads to rampant rent-seeking by political organizers responsible for coordinating the provision of collectively owned capital goods, which is a necessarily a complex problem, since a capital good could r
6.
by theseus7 9y ago
I am advocating a land value tax, not a property tax. This is the most progressive tax possible as the incidence of the tax does not fall upon labor at all. > Wouldn't it end up hurting people as you just see rents rise? No, rents w
7.
by theseus7 9y ago
> How about a party for workers? Possible principles for a workers party: - maximize after-rent and after-tax disposable income of workers - shift all taxes off of wages from labor and onto ground rent from private enclosures of land and
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by theseus7 9y ago
The solution is pretty straightforward. Replace all taxes on labor and earned income with a land value tax. This will increase disposable income of workers by directly decreasing taxes on wages, by lowering the cost of housing by disincenti