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"And that's the real injustice of land rent – the community produces the value, but the landlord charges rent to access it."pic.twitter.com/KhHmz8HVQS
don't tax capital & its gains, tax LAND. incentivize improvements(value add) instead of ownership(value claim)pic.twitter.com/qBJIVNzRDr
the net effect seems to be that you end up leasing land instead of owning it. you're incentivized to put it to use. one b/c the land value tax is a drain, and two (and this is the big difference) capital gains are UNTAXED. carrot and stickpic.twitter.com/h7Fy0JhxN0
this doesn't seem relevant to the bay area as supply is not limited due to prevalence of speculators like in say toronto (though there are some) but by real (infra and political) limitations on supply and real demandpic.twitter.com/YcLfiiaHug
there's a section on old people who are fucked bc they can't be "productive". the arguments are weak imo bc they from the pov of lvt they're indistinguishable from slumlord parasites. boils down to "big parasites gone so little parasites we take care of"pic.twitter.com/00t8Nq40RE
only tax leadership? (the desire to hold the reigns to the future) this forces skin-in-the-gamepic.twitter.com/HQUZXAzHaj
so in a failed communist state people didn't see the point of doing anything (no leadership). in a capitalist state activity was driven by greed.(bad leadership) in a georgian system the only profitable activity left is good leadership
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