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Re:Washington state approves capital gains tax by syshum on Friday April 30, 2021 @07:15PM (#27000786)
Government taxation is very very ineffective tool, and rarely accomplishes that goal. I would love for you to cite and example of a taxation scheme in use today that is right now countering an actual negative externality

Governments do not have a track record for being trust worthily enough to be placed in charge of controlling externalities, it would inevitably be used to usurp power, and liberty from the people, while unjustly enriching their political allies. This happens time and time again yet people still believe government is not only the "best" way to control things, but more stockily believe it is the "only" way to do so despite 1000's of years of historical record proving otherwise

Re:Washington state approves capital gains tax by imtringued on Saturday May 01, 2021 @11:36AM (#27007116)
Singapore has high taxes on cars to reduce congestion. People stopped driving.

Germany has high taxes on gasoline. People buy more efficient cars.

Norway has taxes on ICEs but no taxes on EVs. Lots of people buy EVs.

Land value taxes reduce the economic loss caused by rent seeking.

Carbon taxes reduce CO2 emissions.

>This happens time and time again yet people still believe government is not only the "best" way to control things, but more stockily believe it is the "only" way to do so despite 1000's of years of historical record proving otherwise

Who cares about the last 1000 years of historical record when the necessity of government activity only depends on the current state of the economy? There are barely any absolutes in economics, almost everything depends on the situation in question.

Re:Washington state approves capital gains tax by dontreact on Friday April 30, 2021 @08:53PM (#27001728)
What are alternatives to controlling negative externalities? My understanding is that they are by definition not fixable by the free market, and anything that is not the free market is government essentially.
Re:Washington state approves capital gains tax by ghostwriter on Friday April 30, 2021 @09:07PM (#27001828)
privatise everything so that the owners are able to sue those who negatively impact their assets

https://www.washingtonexaminer.com/if-you-want-to-save-the-e...

Re:Washington state approves capital gains tax by imtringued on Saturday May 01, 2021 @11:37AM (#27007125)
That didn't work for pigs and chicken.
Re:Washington state approves capital gains tax by fighterpilot on Friday April 30, 2021 @11:00PM (#27002591)
How would that work for air pollution?
Re:Washington state approves capital gains tax by imtringued on Saturday May 01, 2021 @11:40AM (#27007152)
In theory by owning a certain part of the atmosphere above your country. The government would then set a maximum CO2 limit in ppm that is allowed on your cubic metres of atmosphere.

In practice it is heavily simplified and you don't get to own portions of the atmosphere, instead you get usage rights, which means the right to pollute a certain amount. This is done via cap and trade already.

Re:Washington state approves capital gains tax by Consultant32452 on Saturday May 01, 2021 @12:48AM (#27003216)
How would suing them work?
Re:Washington state approves capital gains tax by fighterpilot on Saturday May 01, 2021 @12:55AM (#27003252)
How does that get around the free rider problem? If someone is polluting the air, they're making everyone's life worse by epsilon. If I'm to sue them, all the cost of the lawsuit is privatized, and all the benefit is socialized
Re:Washington state approves capital gains tax by Consultant32452 on Saturday May 01, 2021 @01:51AM (#27003587)
As opposed to the current system where they still pollute, they still kill you, but you're not even allowed to sue because the state owns the air/water and lets them pollute and you get no compensation.
Re:Washington state approves capital gains tax by fighterpilot on Saturday May 01, 2021 @06:59AM (#27005235)
It's a good point that the air being fully public leads to a tragedy of the commons situation.

Either way, we're asking a lot of the comperence of the system. If the air were privatized we'd still need a legal system that isn't corrupted by special interests. Since it'd still be (I'm assuming) a representative democratic process that creates that system, corporatism is still possible. Thoughts?

I've always seen a pollution tax as a Libertarian friendly solution to air pollution. A libertarian system needs to raise some tax money, so isn't it better that all tax money comes from a tax on externalities ? If we don't tax externalities then aren't we left to tax productive activity which is even worse?

Re:Washington state approves capital gains tax by syshum on Saturday May 01, 2021 @09:21AM (#27006086)
The only way it would be remotely libertarian would be if you upended the entire tax system and replaced it with Single Tax system aka Geo-Libertarianism...

But that is not in the cards, and no one is proposing that, they want to ADD these externality based taxation ON TOP of the tax on productivity

Re:Washington state approves capital gains tax by fighterpilot on Saturday May 01, 2021 @09:51AM (#27006307)
I agree that in practice it's largely a ploy to get more revenue to the state.

But at the same time, the tax itself seems to follow from a first principles examination of Libertarian axioms.

Negative externalities can be seen as a violation of the Non-Aggression Principle. The role of the state in a Libertarian framework is to protect individuals from such unwanted force by enacting force onto the aggressor. An externality tax would be one practical way to achieve that, and therefore seems wholly consistent with the Libertarian view.

Re:Washington state approves capital gains tax by Consultant32452 on Saturday May 01, 2021 @11:00AM (#27006841)
I would add the externality tax funds should be given directly to the harmed population. Those funds going into the general tax ledger fails to compensate the harmed.
Re:Washington state approves capital gains tax by fighterpilot on Saturday May 01, 2021 @11:06AM (#27006886)
I mostly agree with that, except for two edge cases:

(1) If the externality tax is used to raise funds for basics such as the police, then it's the lesser evil to have it go to the general ledger. Where else would public funds be raised to fund these basics?

(2) In the rare case that the externality is so broad, it can go to the general ledger, such as with carbon pollution (to the extent that it's harmful). Trying to figure out who is harmed and by how much is itself a bureucratic and potentially wasteful process that can be coopted by government corruption, so we should be weary of that.

Re:Washington state approves capital gains tax by syshum on Sunday May 02, 2021 @11:15AM (#27015980)
>> first principles examination of Libertarian axioms.

First principles of libertarian axiom is not the Non-Aggression Principle as many believe, in fact there are some serious flaws with that [1], libertarianism is more accurately stated as having a foundational principle of Self Ownership [2], from this the non-aggression principle can be derived however like with many other things non-aggression can not be viewed as an absolute, if it is then every breath you exhale is an act of aggression....

[1] https://www.libertarianism.org/blog/six-reasons-libertarians...

[2] https://www.youtube.com/watch?v=M9srplWe_QQ

>> The role of the state in a Libertarian framework is to protect individuals from such unwanted force by enacting force onto the aggressor.

That is an extreme over simplification of what a libertarian framework is, and stated in the way you have could betray the libertarian principles as it seems to have with in it a justification for the initiation of violence, something that would counter the libertarian ideology

Re:Washington state approves capital gains tax by fighterpilot on Sunday May 02, 2021 @02:53PM (#27017802)
Suppose for argument's sake that climate change is both significantly driven by humans and that it poses a real and grave risk.

What would be the Libertarian solution to that, and what would be its justification?

I've heard Yaron Brooks, who I usually agree with, on this topic but he seems to downplay negative externalities, which I view as a non-starter, given that they clearly exist and in some cases are large in magnitude (e.g. dumping of chemicals in a river).

  >  serious flaws with that [1]
I've read this before and agree with it.

  >  That is an extreme over simplification
Is it an over simplification of minarchist-libertarians, though?

What state apparatus do they want? Police, courts, etc. These all have the purpose of protecting individual A from individual B by using force (arrest, prison, fines, etc) on individual B if they commit violence/fraud/etc against A.

I perhaps shouldn't have used the word "Libertarian" for that though since that's a broader category.