The Benefits of Land Value Taxation

[heavenlyboy34]

Land monopolist = the state.

This^^ Socialized (government) rent-seeking is still rent-seeking.

 

[Henry Rogue]

That's next in line. But there is no bigger rent-seeking behavior than land ownership.

IP gets it's authority from the state. Can't wait to see your solution for that, a tax no doubt.

 

[Athan]

Ditto

 

[Generalissimo]

IP gets it's authority from the state. Can't wait to see your solution for that, a tax no doubt.

I propose a Word Value Tax so that people can't become wealthy wordowning rent seekers.

 

[Crazy Horse]

IP gets it's authority from the state. Can't wait to see your solution for that, a tax no doubt.

IP can just be abolished. There goes your straw man.

With land, however, we need a system with exclusive tenure for people. There is no way around that.

 

[jllundqu]

Any consumption tax , bad as it is , probably better than any land tax.Taxing land is immoral .Economy looks destroyed to me already....

Why is this so hard to understand. ANY LAND TAX MAKES YOU A SLAVE... If you don't own the land under your feet, you are NEVER TRULY FREE.

 

[Henry Rogue]

IP can just be abolished. There goes your straw man.

IP laws are created and enforced by the state. A statesman can abolish IP laws, the next statesman can reintroduce them.

With land, however, we need a system with exclusive tenure for people. There is no way around that.

Created and enforced by the state of course. See the elephant in the room.

 

[Crazy Horse]

I thought you said that it was government issued titles that made people land owners. So how would there be land owners without the state?

In the current system it is a government issued privilege. The government enforces your claim for you against other parties. That's ownership. Get completely rid of the government and we'd still end up with land "holders", which would be more accurate to say than landowners, and end up with feudalism as more and more land concentrates in fewer and fewer hands with them essentially being their own governments over their turf as they get bigger and have more people to control. Anarcho capitalism results in feudalism. Not a very desirable system, IMO.

 

[Crazy Horse]

Of all the things that taxes pay for, dead weight loss is among the most benign.

Do you know what deadweight loss is?

 

[Crazy Horse]

This^^ Socialized (government) rent-seeking is still rent-seeking.

A land value tax would encourage government to be productive rather than wasteful because the only way to raise revenue would be to make locations more advantageous to use so that people are willing to pay more for exclusive tenure on a piece of land.

 

[enoch150]

In the current system it is a government issued privilege. The government enforces your claim for you against other parties. That's ownership. Get completely rid of the government and we'd still end up with land "holders", which would be more accurate to say than landowners, and end up with feudalism as more and more land concentrates in fewer and fewer hands with them essentially being their own governments over their turf as they get bigger and have more people to control. Anarcho capitalism results in feudalism. Not a very desirable system, IMO.

In the current system, the government rents you the land. The government sets the rules with regards to construction on the land, environmental use, rental usage, and business purposes. The government can also decide to stop renting you the land and give it to someone else willing to pay more, or simply take the land for its own use. The government has control. You have to ask permission and get permits. What we have now is fee simple feudalism. All of the land is owned by the government. This situation is not due to anarcho-capitalism.

Anarcho-capitalism cannot result in feudalism because if land were to become increasingly concentrated in the hands of a few, the price for the remaining land would become parabolic and eventually unavailable at any price.

 

[enoch150]

Landowners would just end up ... getting more and more rent for doing nothing, just owning land and charging rent for it while others do the work. That's when I realized we do need some sort of institution collecting the rent of land for the benefit of all.

How is this different from owning shares in a corporation? I own shares in a company. I get paid dividends. I don't work for the company.

 

[Crazy Horse]

How is this different from owning shares in a corporation? I own shares in a company. I get paid dividends. I don't work for the company.

If your investment contributes to the production of goods and services then you deserve a share of production. The land value tax would remove the largest opportunity from the economy which individuals and companies use to their advantage to appropriate shares of production without contributing to production in any way, shape, or form in return.

 

[Origanalist]

 

[heavenlyboy34]

A land value tax would encourage government to be productive rather than wasteful because the only way to raise revenue would be to make locations more advantageous to use so that people are willing to pay more for exclusive tenure on a piece of land.

Nonsense. No government can properly understand price signals or markets. It's doomed to fail. This has been proven time and time again by Austrians and non-Austrians alike.

 

[Occam's Banana]

QFT

 

[pathtofreedom]

Nonsense. No government can properly understand price signals or markets. It's doomed to fail. This has been proven time and time again by Austrians and non-Austrians alike.

This is nonsense price systems are a result of government.

 

[pathtofreedom]

I propose a Word Value Tax so that people can't become wealthy wordowning rent seekers.

There is no limited supply of words and words are created on computers created by human effort. Not comparable at all.

 

[Danan]

This is nonsense price systems are a result of government.

lol

 

[Crazy Horse]

Nonsense. No government can properly understand price signals or markets. It's doomed to fail. This has been proven time and time again by Austrians and non-Austrians alike.

Two words: market failure.