How Not to Build a Country: Canada’s Late Soviet Pessimism

Re:How Not to Build a Country: Canada’s Late Soviet Pessimism by kevin_thibedeau on Saturday September 28, 2019 @03:12PM (#21102269)

Property tax "rent" in reinvested in the community. Real rent goes into a portfolio.

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Re:How Not to Build a Country: Canada’s Late Soviet Pessimism by novok on Saturday September 28, 2019 @03:54PM (#21102484)

So the scope of the investment is the difference then?

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Re:How Not to Build a Country: Canada’s Late Soviet Pessimism by smallnamespace on Saturday September 28, 2019 @04:07PM (#21102563)

We're mixing up the senses of 'investment'. Taxes are redistributed (they end up back in taxpayers' pockets), rents accumulate to property owners.

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Re:How Not to Build a Country: Canada’s Late Soviet Pessimism by all2 on Monday September 30, 2019 @05:21PM (#21119769)

> Taxes are redistributed ...

No. Taxes are spent on goods an services, the same as any property owner spends rent income.

The outcomes of expenditures on each part is different (sometimes a plate tax is actually applied to road maintenance). But the concept of a slush-fund and no (or few) legal guardrails for expenditures means your tax dollars probably land in a pet project somewhere, or are consumed in the financial friction of government bureaucracy.

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