Re:Thomas Piketty’s Radical Plan to Redistribute Wealth
by twblalock on Monday September 05, 2022 @12:32PM
(#32726184)
The government is always the biggest obstacle to improving land. People try very hard to improve their land and the government puts up tons of red tape. We need less government involvement, not more, and certainly not more in the form of a harebrained utopian scheme like Georgism.
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Re:Thomas Piketty’s Radical Plan to Redistribute Wealth
by colinmhayes on Monday September 05, 2022 @03:12PM
(#32728088)
The government is the people. The government puts up restrictions to building because that's what people want. NIMBYism is hyperlocal politics backfiring by incentivizing people to prop up their land value at the expense of everyone who wants to move there. LVT incentivizes landholders to densify, so they will stop lobbying the government to ban building.