Re:Homelessness is about housing
by imtringued on Saturday August 07, 2021 @07:22AM
(#28097703)
>This is unfortunate a very politically fragile solution. The first thing that property rentiers do is eliminate their taxes, such as with Prop 13 in California. But, with enough economic education, maybe it will work...
The fundamental problem is that home owners and landlords both pay the tax. If everyone rents then tenants will obviously vote for higher property taxes to squeeze landlords. If everyone owns their house they obviously want to pay zero taxes on the land. When you have a mix of both then home owners will vote for the interests of landlords who get to squeeze money out of tenants without paying taxes.
I've seen this pattern literally applied to almost every tax situation. Huge oil corporations should stop polluting? It's obviously a case of CO2 taxes but then the small man doesn't want to pay his tiny portion of the tax. They will always pick out the exception on either end. I.e. a poor polluter paying excessive CO2 taxes because he uses some absurdly inefficient way of heating vs a model rich person that managed to get to 0 emissions because he put hundreds of thousands into reducing his CO2 footprint. The vast majority of people do not fit either stereotype.
The fundamental problem is that home owners and landlords both pay the tax. If everyone rents then tenants will obviously vote for higher property taxes to squeeze landlords. If everyone owns their house they obviously want to pay zero taxes on the land. When you have a mix of both then home owners will vote for the interests of landlords who get to squeeze money out of tenants without paying taxes.
I've seen this pattern literally applied to almost every tax situation. Huge oil corporations should stop polluting? It's obviously a case of CO2 taxes but then the small man doesn't want to pay his tiny portion of the tax. They will always pick out the exception on either end. I.e. a poor polluter paying excessive CO2 taxes because he uses some absurdly inefficient way of heating vs a model rich person that managed to get to 0 emissions because he put hundreds of thousands into reducing his CO2 footprint. The vast majority of people do not fit either stereotype.