@oddblots @outisnusquam If tax is necessary, tax negative externalities. A well-organized government could fund itself in other ways.
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Replying to @Outsideness
@oddblots @outisnusquam HK and later Chinese government massively funded by development-boosted property values.
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Replying to @Outsideness
@oddblots @outisnusquam (1) Own a piece of urban real estate (2) build a metro station or art museum (3) lease land out at vast profit
1 reply 0 retweets 1 like
@oddblots @outisnusquam Hard to see a better way of lining up government incentives well. Income tax, in contrast, is utter poison.
7:18 PM - 6 Apr 2014
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