Isn't that incorporated into property tax through the value of the property?
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See Henry George ... LVT (land value tax, HG proposed as the sole tax) imposes a liability on land left speculatively fallow. Quite different incentives from ordinary property tax (let alone under e.g. Prop 13 in California, though that's largely another issue)
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Yay Georgism! Too bad land isn't a fixed-supply resource; it is created by transportation service. If someone were to create e.g. a teleport gate between Downtown and a bit of rural wilderness, the surrounding area would become urban land. Or ask the Dutch for a few polders.
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For sure, you can create more through transport, tech, etc. You can also create more water by manufacturing H2O. Resources are never *literally* fixed-supply, but on a spectrum of completely fixed → completely mutable, land is closer to the fixed extreme than other resources.
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theft is theft?
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Consumption tax is meh!
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Neither of those are "memes", which is a catastrophically silly concept to begin with; neither are they the simplified caricatures they are presented as. They are leitmotifs of complex, well-reasoned sets of arguments.
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To your point, taxing spectrum for example is a very big problem. As it is done currently, and I'm not certain it can be done better, it creates a massive barrier to entry for mobile network operators, thereby creating an oligopoly which produces terrible performance in every
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I think the assumption that those resources are fixed is tenuous (credit to Julian Simon)pic.twitter.com/4LGnM9FqRJ
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Of course
We can discover more of something or find substitutes. But some things are *more* fixed than othershttps://twitter.com/devonzuegel/status/1091852973058142208?s=21 … - Show replies
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