Re:I wish GPT4 had never happened
by satvikpendem on Saturday April 08, 2023 @08:17PM
(#35498934)
Georgism is pretty great, consistently incentivizing people to utilize their land. However, I wonder how much it would change with non-land-based productivity, ie people or AI making money through the internet.
Strict georgism emphasizes taxing limited resources, i.e. resources that can be hogged, preventing others from innovating. If what you're using can be made more plentiful, it's not worth taxing.
For example, taxing your use of transmission capacity would go against georgism: It's possible to make better equipment that transfers bits faster. There are, however, resources that can be hogged on the Internet. For example, domain names: Short (non-trademarked) domain names, e.g. flowers.com, are more valuable than a random string of characters from a lesser known top-level domain, e.g. lrchcu.hat. As there is a limited number of single-word domain names, the owner of the former domain should pay a higher fee or tax for their domain than the owner of the latter.
Re:I wish GPT4 had never happened
by imtringued on Monday April 10, 2023 @03:43AM
(#35510041)
Silvio Gesell applies the land value tax on money. This results in a so called demurrage currency.
The main threat to the Norwegian tax system today (in my opinion) is that new industries (fish farming, wind farming) are actively lobbying against georgist tax policies directed at their industries: https://slimemoldtimemold.com/2022/05/17/norway-the-once-and...