while "capital"(domain of man) isn't "land"(domain of god), it does force-multiply the land driving up demand for it.pic.twitter.com/Rxy3cJQW3f
Show this thread
-
don't tax capital & its gains, tax LAND. incentivize improvements(value add) instead of ownership(value claim)pic.twitter.com/qBJIVNzRDr
Show this thread
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
Show this thread -
-
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
Show this thread -
only tax leadership? (the desire to hold the reigns to the future) this forces skin-in-the-gamepic.twitter.com/HQUZXAzHaj
Show this thread -
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
Show this thread
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.