Re:Liberalizing Land Use Regulations: The Case of Houston (2...
by epistasis on Tuesday May 04, 2021 @10:42AM
(#27038111)
I'd be very surprised if many true libertarians supported Georgist principles. Georgists are all about socializing land, and other efforts include Community Land Trusts, social housing, and other ways to make sure that markets result in fair outcomes. The difference is in prioritizing the well-being of people rather than the primacy of markets or "freedom from government" style libertarianism.
Instead of taxing your property based in market value, you tax it based on what your neighbors value is. It’s basically a scheme to transfer wealth in a arbitrary and confusing way.
IMO it gets traction here because California has an outsized influence on HN for obvious reasons and California’s tax regime is bizarre and unjust. On the flip side, the economic influence of that tax policy makes it very obvious to some people that unjust tax policy can make you rich.