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5 Comments
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0 ups, 2y,
1 reply
So, only tax the land owners…great your 1 bed/1bath apartment rent just jumped to $19,000/ month
0 ups, 2y,
1 reply
Taxing land speculation will destroy the land price inflation bubble. Then, nobody will invest in land except users. Land will be cheap.

Land always stays as expensive as possible because the tax is so low, it is profitable to hoard vacant land. When it isn't, land ownership will be easy.
[deleted]
1 up, 2y
Thomas had never seen such bullshit before | image tagged in thomas had never seen such bullshit before | made w/ Imgflip meme maker
0 ups, 2y,
1 reply
Rent's due idiot...
0 ups, 2y
Yes, the rent will get paid BUT, instead of going to investors, it should replace the taxation of labor and commerce.

Because we don't benefit by rewarding land speculators but we WOULD benefit by un-taxing everything that makes life more fun.

Also, taxing away the profitability of land hoarding will drop the price of land to its lowest possible level.
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IMAGE DESCRIPTION:
EACH NIGHT, THROUGH SLEEP, EVERY PERSON MUST RENEW THEIR BODIES' ABILITY TO PRODUCE WEALTH AND ENJOY LIFE. WHY USE A TAX SYSTEM THAT REWARDS LAND HOARDERS? WHY NOT TAX LAND'S RENTAL VALUE TO PAY FOR GOVERNMENT INSTEAD OF TAXING THE QUALITY OF HUMAN LIFE? BECAUSE THE INFO-ESTABLISHMENT IS BOGUS.