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.
Fixing society is simple
Nope, green…they get greener after a hard night of drinking
Post eye
>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.
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.
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.
Great idea. Let’s nail farmers who already need subsidies to survive. This will be great.
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).
Kek
Is this you OP?
>income tax is rational
read the thread and you'll know pretty quickly that's not me