Re:Rewarding Neglect and Punishing Investment in Struggling ...
by jelliclesfarm on Thursday March 14, 2019 @11:33AM
(#19390143)
Not if it’s a primary home.
There is a tax at source. There is a tax at transfer/inheritance.
If it’s put to use, there is a tax at consumption. The house always wins. The govt always collects tax.
I disagree with the notion that redistribution should be coercion or punitive. A land tax for undeveloped land is punitive. Property and ownership is constitutionally protected. People shouldn’t be punished for being productive and wealthy.
Re:Rewarding Neglect and Punishing Investment in Struggling ...
by perl4ever on Friday March 15, 2019 @04:35PM
(#19404038)
Undeveloped land is not produced, but it is scarce and has value that can be degraded. Hence, a tax on it is not punishing the productive, but guarding against waste.
There is a tax at source. There is a tax at transfer/inheritance.
If it’s put to use, there is a tax at consumption. The house always wins. The govt always collects tax.
I disagree with the notion that redistribution should be coercion or punitive. A land tax for undeveloped land is punitive. Property and ownership is constitutionally protected. People shouldn’t be punished for being productive and wealthy.