1. implement a land value tax at 85% to 95% 2. eliminate all other taxes 3. pay anything left over as a citizen's dividend 4. return to sound money
When the Soviet Union collapsed a group of economists petitioned the forming Yeltsin government to adopt the first 3 of the above (by far the most important of the four) as it is widely believed that only a collapsed and reforming (or revolutionary) government can muster the political will to enact them. Otherwise entrenchment rapidly makes them politically untenable. Unfortunately Yeltsin was a weak and stupid leader who either didn't fully comprehend the reforms or was too corrupt (most likely the latter). Leading Russian economists did realize that the petitioning economists were correct and made an attempt, but ultimately failed. As a resource-rich country Russia has been plagued by oligarchs ever since (but so is every other country, as none of them have such a system).
Today we live in a society where elites are now mostly aware of these reforms; that they are necessary for social justice (actual justice, not the buzzword coopted by communists) and would vastly increase human ingenuity, development, happiness, leisure and the rest. However by understanding why society is broken they are able to leverage the boom/bust cycles created to increase their wealth and thus their control, indefinitely. Since no other elites are attempting to educated the masses, none step out of line. Why bother? You're probably too stupid to get it anyway.
The Land Value Tax is a tax on the monopolization of land (in the economic sense of land, thus meaning raw resources, including the parcel a house sits on but also ore, water, and so forth) but not on improvements made (i.e. not on property and not on improvements to the land). Thus land itself becomes free to buy, but carries a rent (which is the tax). All other taxes are eliminated.
This form of tax carries no deadweight loss. It only encourages efficient land use. It cannot be dodged because land cannot be hidden. All wealth flows to the land, thus all wealth is treated the same. Rent parasitism, slumlording, inefficient land use, blighted city ghettoes and land speculation would all abruptly end, among many other things.
The factors of production are land, labor, and capital. There is infinite potential capital and infinite potential labor - both are limited only by (access to) the limited factor of land. Because land is the great limiter, land is where the market friction between capital and labor takes place. Efficient land use becomes the key to the whole puzzle of efficient markets, healthy citizenry, good communities, stable markets, and so forth.
As I said, this is all well known today by your elites. They simply don't think you'll ever figure it out, and even if you did, your greed will likely prevent you from promoting it anyway.
Nicholas Lopez
I am green eyed just let me spread my seed
Christian Powell
Sounds like some poor commies want me to give up some of my land.... fuck you it's mine... not my fault your daddy left you nothing... now I'm going to ride my ATV and drink some beer and laugh my ass off having fun at the thought of City Rats like you... work hard and buy some land fag then you'll be happy because you can do what you want
killing all jews and deporting all niggers is simpler
Christopher Martin
It seems like it encourages slumlording by forcing people to generate as much profit from a small patch of land as profitable
Asher Perry
I have green eyes and brown hair. Your eyes are probably hazel. Are they hazel?
Jack Clark
The reason wealth is concentrated in cities is because they benefit from the current system far more than people in the country. Chances are your land in the boonies would cost virtually nothing to live on, and since your property and incomes taxes would disappear you'd likely receive a citizen's dividend and pay nothing (or close to nothing) in taxes.
Luke Carter
By forcing people to generate profit from valuable land (land in a city) it forces slumlords to sell their land to someone willing to develop it. The current problem is often hit with the slogan "everyone works but the vacant lot" - which is true. A slumlord sits on his land waiting for the urban blight to pass or for the land value to raise while paying no taxes (why improve your slum when property taxes will kill your golden goose? you have no taxes until you build, because vacant lots are the least taxed asset there is in today's system).
Aaron Ortiz
doesn't work unless you also eliminate fictional legal entities that are not flesh and blood human beings. rich guy just puts it in trusts name, controls it and avoids taxation.
Ethan Adams
Nope, green…they get greener after a hard night of drinking
Julian Gonzalez
Post eye
Lincoln Moore
>Removing possession of a home >Leaving people to live under the insane rules of a despotic slumlord >Fixing society Either let them steal your possessions, treat you like an animal, and do whatever they want with your wife, or you end up on the street.
Jaxson Perry
Put another way: consider a skyscraper and a parking lot next to it taking up the same acreage. Both are taxed at astronomically different rates. The skyscraper pays millions in property taxes alone, while the parking lot pays close to nothing.
In the correct system (as proposed) they both occupy the same amount of valuable land, so they both pay the same in taxes. Now the parking lot is developed into something useful such that it can carry its tax burden.
All completely false.
Alexander Nguyen
You already pay taxes on property (i.e. your actual house) and land (sometimes this is bundled into "property tax" and sometimes they are separate line items, but the effect is the same). So by this logic you already don't own not only the land, but the property on it, as well as your labor (income tax) the things you buy (sales tax) and so forth.
Brandon Hall
Great idea. Let’s nail farmers who already need subsidies to survive. This will be great.
Cameron Walker
This would make farming much easier, as it would make rural land cost almost nothing to buy, the expensive capital machinery needed to run a farm would carry zero property taxes, and the improvements made to the land by the farmer would not add to his tax burden (not to mention income tax would be gone as well).
Alexander Moore
Kek Is this you OP?
Eli Butler
>income tax is rational read the thread and you'll know pretty quickly that's not me
Ayden Jackson
But the farmer would be paying more in land taxes than the owner of the empire state building you fucking stupid pinko
