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Re:The 'Georgists' Are Out and they want to tax your land by AnimalMuppet on Wednesday November 15, 2023 @01:06PM (#38280060)
No, if the price of land decreases, it only discourages people from selling if they think that the price will come back some time in the future. A permanent tax change won't make people think that.

More: If the tax rate has gone up enough that the price has gone down, then if I hold it, I'm also having to pay the higher taxes year after year. That's going to encourage selling, not discourage it.

I don't like Georgism for other reasons, but I think that part will work as advertised.

Re:The 'Georgists' Are Out and they want to tax your land by Obscurity4340 on Wednesday November 15, 2023 @03:48PM (#38282247)
> other reasons

What might those be? Can you expand on why you don't "like" it...

Re:The 'Georgists' Are Out and they want to tax your land by AnimalMuppet on Wednesday November 15, 2023 @04:17PM (#38282632)
1. The whole thing has a "one weird trick to fix your economy" vibe to it. On that ground alone, it feels like snake oil. (If you want to argue that "vibe" is not an intellectually rigorous criticism, I will admit the truth of that point.)

2. Why land, specifically? Why land only? It's not the 1800s anymore, and land is not either the primary asset or the primary source of wealth. Why single it out as the thing to tax? It feels like a theory stuck in the past. It needs to explain why, in 2023, land is the one thing that should be taxed. I've seen handwaving, but nothing that feels all that solid. (The one argument that has at least some merit is that no more land can be created, unlike everything else. True, but so what? There's a maximum number of bitcoin, but Georgism doesn't say to tax them. Why is land the one magic thing to get taxed?)

3. It is easy for the rich to have a smaller proportion of their assets in land than it is for the middle class. (Unless they rent - and then they wind up getting charged for the tax without having the benefits of owning the land.) LVT - if it's the only tax - means that the rich can easily wind up paying little or no tax. I'm not of the "confiscate all the rich's assets" crowd, but letting them pay almost nothing doesn't sit right with me, either.

Re:The 'Georgists' Are Out and they want to tax your land by Obscurity4340 on Wednesday November 15, 2023 @04:42PM (#38282971)
Re:2: Why should LABOUR in lieu of land be taxed? What's more Adam-and-Evey than making everyone suffer under the sweat of their brows for the rest of the days or tax the fewer far better resourced landowners and everyone lives happily ever after
Re:The 'Georgists' Are Out and they want to tax your land by AnimalMuppet on Wednesday November 15, 2023 @04:55PM (#38283121)
How about we don't pick one thing? How about we pick income, including capital gains, and land, and buildings, and IP? And maybe set the rates low enough that nobody gets crushed?
Re:The 'Georgists' Are Out and they want to tax your land by Obscurity4340 on Wednesday November 15, 2023 @05:03PM (#38283207)
Some would argue you're describing the status quo, which is crushing young people and the disadvantaged. How 'bout making capital gains equivalent to laboearned income?
Re:The 'Georgists' Are Out and they want to tax your land by anonymouskimmer on Wednesday November 15, 2023 @06:06PM (#38283801)
Except this tax everything scheme did not crush young people and the disadvantaged, at least not so much, in prior decades. The tax regime has changed, along with other parts of the economy. Maybe it's worth revisiting earlier years and analyzing all of their parameters to see what has changed.
Re:The 'Georgists' Are Out and they want to tax your land by Obscurity4340 on Thursday November 16, 2023 @01:30PM (#38293452)
That won't happen because capital gains and tax-free selling of real estate is the source of the power and inequality. Might as well demand reps sign their own economic death warrant or at least their own demotion to regular plebian socioeconomic class who needs to actually earn and be big boy taxed on their earnings to cover "their share" and attitudes towards how they are able and also required to spend their time
Re:The 'Georgists' Are Out and they want to tax your land by robertlagrant on Friday November 17, 2023 @04:40AM (#38301391)
That's not why. It's because a system of private ownership means that the state shouldn't take away stuff people have.
Re:The 'Georgists' Are Out and they want to tax your land by robertlagrant on Thursday November 16, 2023 @07:53AM (#38288953)
> How about we pick income, including capital gains, and land, and buildings, and IP?

Only one of those is income.

Re:The 'Georgists' Are Out and they want to tax your land by Obscurity4340 on Wednesday November 15, 2023 @08:13PM (#38284718)
Re:1 - a lot of abstraction here to simply say this is merely your conjecture. Just cuz it sounds like a meme doesn't mean its not totally on the money, so to speak. Sometimes art really does imitate life and vice versa

Also: There's this one annoying trick where "they" (the rich) constantly get whatever they want whenever the thought pops up and thats normal but any small step taken to roll back the trend and that is often popular or at least a cult-fave is radical and insane.

Edit: Family Guy already did this and they did it the best (frivolous difference in belief or opinion -> This man is insane -> custody -> comedy)