Very clever idea.
Taxation was never a solution to any problem. It was a way to mask the problem in a very populist way. Taxation purpose was a redistribution from 'evil crooks' to poor, unlucky people.
The problem with Taxation always was that the middle class was paying this because the rich ones had plenty of solutions not to pay including with moving to an another country
Yes. yes it is. She's made millions for doing nothing useful.
> the rich ones had plenty of solutions not to pay including with moving to an another country
How does a rich land owner avoid paying a land tax? Or a tax on the value of his copyrights (which would be land)
Yes the middle class get shafted on things like income and capital gains based taxes, that's the great thing about a land value tax, it taxes the immovable land, not the movable person.
Simple as fuck logic. She bought the property, not a license there for living up to her ends.
The thing you are here presenting is a tax of not realized potential income. It's diabolical insane idea.
If we can do it for real estate, why not for cars, and any idea property?
You basically want people buy a license for living in their flats.
About basically nor useful, she earned the money, paid multiple taxes for this and she bought this from the real property dealer / construction company which hired many people for this.
Isn't this tangible contribution for society?
All because people like you flocked to her location for work what used to be peaceful, quite suburbs
For someone else to live in that house they would have to make a fortune to pay it in rent. She could choose to move somewhere cheaper and have a massive income from either selling it or renting it out, but she doesn't, she's become rich because other people are making the area valuable.
You can also do literally nothing even if you want to because of zoning. Remove all the market distortions and watch rental prices drop.
Call a contractor and see how much they charge for permitted work.
Right now the supply of those two good and their general dynamics are totally different. Landlords can effectively extract maximum profit from a property without doing anything to improve it or remain competitive thanks to zoning restrictions and other things that make increasing supply difficult. Thanks to this set up, landlords effectively wind up capturing the capital gains that arise out of public improvements (like adding a new neighborhood park) as well since it makes the area more desirable without increasing supply.
In the most desirable areas you can literally do nothing as a landlord and raise rents almost perpetually.
Worse once these landlords raise rents it causes negative effects downstream. Producers of other goods that rent their land need to start charging more to pay the landlords.
The number of people that try to justify some kind of late pseudo-feudalist system like this is legitimately insane.