Tax Evasion at the Top of the Income Distribution: Theory and Evidence [pdf]

Re:Tax Evasion at the Top of the Income Distribution: Theory... by cafed00d on Saturday April 01, 2023 @09:40PM (#35406200)

Does that incentivize not buying land? I wonder if people will just prefer subscribing to everything with a long term bundle. I mean, rent and rent-like situations

Only the big, powerful, faceless individuals — corporations — will own land.

Is this plausible? I’m just winging it here :)

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Re:Tax Evasion at the Top of the Income Distribution: Theory... by BirdieNZ on Saturday April 01, 2023 @10:46PM (#35406639)

It's the opposite; it increases the percentage of owner occupiers. It reduces landlord/renters; see for example https://gameofrent.com/content/can-lvt-be-passed-on-to-tenan... or https://www.prosper.org.au/wp-content/uploads/2020/10/Prospe...

Most proposals for land value tax are also revenue neutral, so you essentially pay rent to society/government for the land you use, but keep more of your income.

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