Re:The Socialist Calculation Debate
by local_crmdgeon on Monday May 01, 2023 @04:22PM
(#35778614)
Texas is arguably the most Georgist state, and it seems to be going quite well for them.
I'm curious, in what way does Texas have Georgist policies? As I understand it, all taxing jurisdictions within Texas that levy a tax on real estate do so on the appraised fair market value of the whole property, with no specific focus on just the unimproved value of the land, which is the linchpin of Georgist taxation.
I, too, would very much like to see this play out in practice. But I don't think it'll ever actually happen in real life, because it would likely dramatically reduce the size of government (which politicians are loathe to do) and economically hurt wealthy landowners the most.