Zyansheep

joined 2 years ago
[–] Zyansheep@programming.dev 2 points 1 month ago (3 children)

Development of surrounding land increases land value yes, but the idea is that since the landowner didn't do that development themselves, they shouldn't be able to profit from it through increased value of their own land. "Land value" is kind of an amorphous though, another way to think about it is that we want to incentivize the most economically optimal use of land in high demand areas, thus we should tax all land proportional to demand (measured via price) to encourage those landowners who have undeveloped or under-utilized land relative to demand to use it.

(note this is counter-intuitively pro-environmental because it applies most to land with high demand, e.g. cities, not forest or farmland, and if cities can be successfully densified to satisfy housing demand, pressure to sprawl can be reduced, increasing those lands left to nature)

[–] Zyansheep@programming.dev 3 points 1 month ago

We need a land value tax to stop real estate speculation.

[–] Zyansheep@programming.dev 23 points 1 month ago (10 children)

LAND VALUE TAX

[–] Zyansheep@programming.dev 2 points 1 month ago

Harmful tech such as inefficient forms of taxation like sales, income, and capital tax that reduce prosperity or exacerbate inequality (land value taxes are better)

[–] Zyansheep@programming.dev 2 points 1 month ago

there are none

not anymore

[–] Zyansheep@programming.dev 1 points 1 month ago

Most cryptos are public. Monero specifically though cryptographically obfuscates sender, receiver, and amount.

[–] Zyansheep@programming.dev 4 points 1 month ago (1 children)

a land value tax would fix this

[–] Zyansheep@programming.dev 3 points 2 months ago (1 children)

Everything should decentralize if possible

[–] Zyansheep@programming.dev 0 points 2 months ago

Capitalism while replacing taxes on productive activities with taxes on unjustified monopoly power such as land value taxes to fund a UBI would be better than many past status quos.

[–] Zyansheep@programming.dev 3 points 2 months ago

spider gonna be fed tonight!

[–] Zyansheep@programming.dev 1 points 2 months ago

Both are fine so long as we have a complete land value tax funding direct economic redistribution

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