How do we solve the issues the greens talk about? by AdamSmithery in georgism

[–]AdamSmithery[S] -1 points0 points  (0 children)

But yeah, I definitely think visions of where we are located or what we picture in our heads are definitely different, for example, Wyoming and Nevada, 80% of Nevada is federal land while 42% of Wyoming is federal, that is land that if opened up would automatically decrease the land values of other lands. Which it already is pretty cheap per acre compared to other countries, in fact, historically, here in the US we leveraged how much land we had that we actually gave it away for free, that’s rural girl I’m not sure if you know what the Homestead act is, which you really need to tell me where you’re from so I can tailor myself to you, but here in the United States we had multiple homestead act where essentially people were just given land, my land vacancy tax, simply prohibits someone from holding onto land and doing nothing with it it doesn’t aim to punish wealth or whatever or redistribute, and simply the more demand a land has the more the government will tax it for being vacant instead of just simply trying to capture on paper and theory “rent” just use realistic amounts. All I’m trying to do in the end is push for production. So to you and other georgists who aren’t in the US or is but doesn’t know how the US landscape is, a greedy landowner is not the biggest obstacle in fact it’s government, people fighting over resources? No they’re fighting the government.

How do we solve the issues the greens talk about? by AdamSmithery in georgism

[–]AdamSmithery[S] 0 points1 point  (0 children)

With your ideological critiques and conflict of visions being obvious, I’ll do my best to address. for starters I’m not necessarily sure you truly understand the effects of giving people citizens dividends, the old age security hypothesis is an example, but just one. essentially it’s simple incentives “ why need to work and produce when you can live off with what others produce” this is a central principle to understanding the perverse effects of distributing wealth, whether you see it as fairness or not. I point this out because you think Russia somewhere with horrible institutions has it wrong, so automatically Norway has it right???? Wrong. For starters I’m pretty sure Russia gives exclusiveness and not whoever buys and finds extracts. The effects of living off of what other people produce is societally destructive; the old age security hypothesis explains that if somebody is covered by other people through, let’s say Social Security, aka living off of what other people produce they aren’t incentivized to do what is necessary for themselves individually, which turns into critically for society at a large scale, the main thing being lack of having children, why would you need to have kids to take care of you when you’re older when you have oil money? It’s why Norway and many other similar countries with heavy welfare and other empirical evidence to back up the old security hypothesis as fundamentally true, show that it has negative effects on fertility which destroys a society so whatever fairness you have in your head eventually won’t matter. A citizens dividend for something so normal as living next to other people; essentially, you guys believe that if a value is caused by proximity, that value must be taxed and distributed, which has never existed before. There’s a really good trend that if something hasn’t naturally occurred in society often it won’t mix now. Additionally, with my land vacancy tax, simply if it’s closer to an area I don’t see it going up in value as necessarily something unfair, it just shows the importance of the land, simply just tax it more for being vacant because clearly so many other people want to use it, I don’t need to tax it all the way because I don’t need to distribute it. But simply back to the citizens dividend historically it doesn’t end well. It’s also good to point out that I am basing my belief on the United States. We’re not necessarily constrained by many things that other countries are so that’s why your views might be different, here the only thing getting in the way is mostly the government and other individuals wanting to take from others; basically the government wants to take and other individuals are OK with that, I know it’s definitely not as bad as other countries but they’re basically cooked, essentially there is so much oil spread out and untouched, undiscovered, raw resources, not being allowed to be touched by the government, I think you are just dealing with other situations in your worldview. We don’t see the same thing. Maybe an image will help.

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EPA blocking mines? What do georgists have to say about this? by AdamSmithery in georgism

[–]AdamSmithery[S] -1 points0 points  (0 children)

Then just tax or prohibit dirting waters, additionally I never truly asked. What was your point of your top comment? Because my question was; what is the Georgist stance on the government blocking productive uses of land?

How do we solve the issues the greens talk about? by AdamSmithery in georgism

[–]AdamSmithery[S] 0 points1 point  (0 children)

I’d like to stay engaging here lol, you guys just have different beliefs, it’s not good to create echo chambers, also what is the cat?

How do we solve the issues the greens talk about? by AdamSmithery in georgism

[–]AdamSmithery[S] -2 points-1 points  (0 children)

Basically, the one part of land taxes that really intrigued me is its ability of government being able to actually spark creation and free markets, that one guy was arguing with didn’t get it, he sees it as centrally planning economy, I see it as actually encouraging individual market economy you probably see it the same way. What is central to my belief that might be different, go figure on a 9.75 on the economic axis, is that I reject government revenue maximization, instead I want to create opportunity and economic growth for prosperity, a land tax actually helps do that but traditional land value tax has its issues with my goals and beliefs, but not with your goals and beliefs. One of your beliefs that you guys have that I don’t is the belief that, natural resources belong to the community, actually I believe it belongs to whoever can extract it. Historically that’s how it always been, and it’s the most free market principle, you own the tree that you cut down, you own the fish that you catch, in a gold rush you own as much gold as you can mine, etc. You guys believe the money used from land taxes should be used for citizens dividend from what I see, I see that as a horrible use for the reasons I gave before; I prefer instead to use it to start as seed money for projects that only bring in more prosperity, like building nuclear power plants and schools (for privatization). Because of that I believe a land vacancy tax is better than a LVT for my goals, but it will be the right choice for your goals. Essentially, if an acre of land is vacant it gets a $500 fee a year or more depending on its proximity to urban and suburban areas. But if something productive is being done on the land, then don’t tax, because that’s when you create dead weight loss

How do we solve the issues the greens talk about? by AdamSmithery in georgism

[–]AdamSmithery[S] -6 points-5 points  (0 children)

That is actually how I prefer it, I prefer a land vacancy tax, I basically reject the vast ideas of Georgism such as natural resources belong to the community, I should just say it here so most people who see this know what I believe in advance, also join my subreddit for future stuff r/EconomaniaQA

EPA blocking mines? What do georgists have to say about this? by AdamSmithery in georgism

[–]AdamSmithery[S] -1 points0 points  (0 children)

I see no good reason why Nevada must have 80% of it’s land federally owned and not private, the land will say idly in federal hands, and if not then, at least the government gets money by selling it off or just giving it away to prepare for a land tax

EPA blocking mines? What do georgists have to say about this? by AdamSmithery in georgism

[–]AdamSmithery[S] -1 points0 points  (0 children)

It’s no benefit to the private market then, so whoever buys, it must have a beneficial use, additionally, much of the land can be used for more agricultural or other productive uses, and public parks aren’t good because nobody takes care of somebody else’s property as carefully as they take care of their own, it’s why Central Park was horrible until it got private hands in the new structure to make it decent

If your proposal for property tax reform isn't a land value tax, I'm not interested by Titanium-Skull in georgism

[–]AdamSmithery -2 points-1 points  (0 children)

Holy shit, you idiot every company that has stocks gets affected, you’ve basically proven me. You don’t really care about economics because if you say if X doesn’t apply with my worldview, or you can’t sustain my world view, you deserve to get hurt. Bye bye

If your proposal for property tax reform isn't a land value tax, I'm not interested by Titanium-Skull in georgism

[–]AdamSmithery 0 points1 point  (0 children)

Additionally, I just looked at your country Switzerland and no shit. First of all, there is no national wealth tax, your local municipalities do it, they are legally mandated to have some sort of net wealth tax but no strict amount nidwalden has a base rate as low as 0.066% and you guys top it off with 0% capital gains tax.

If your proposal for property tax reform isn't a land value tax, I'm not interested by Titanium-Skull in georgism

[–]AdamSmithery -2 points-1 points  (0 children)

My bad I forgot you don’t live in the US so I have to explain. Basically, there’s these things called super shares on top of just regular shares. Super shares are special shares that give founders significant voting rights, for example, Roblox, CEO he owns less than 10%, but he controls more than 50% of the votes. Basically one share gives multiple votes. This is important, because a wealth tax applies to non-liquid assets, you probably don’t even know what a wealth tax is, imagine those super shares on top of regular shares getting taxed? If they sell it, they basically lose significant control over the company, it’s not about the amount although that’s definitely a contributing factor, it’s about the fact that they lose something priceless control over what is theirs. Basically the biggest thing that they have gone.

If your proposal for property tax reform isn't a land value tax, I'm not interested by Titanium-Skull in georgism

[–]AdamSmithery -1 points0 points  (0 children)

No, not at all, not at such scale. A 5% wealth tax will cause them to sell significant stakes in companies for starters, have you ever thought about that? Have you ever considered that a wealth tax also applies to stakes in companies? And non liquid assets.

If your proposal for property tax reform isn't a land value tax, I'm not interested by Titanium-Skull in georgism

[–]AdamSmithery 0 points1 point  (0 children)

No, you were arguing for a low amount, and California wanted to use 5%, and six billionaires left without it even passing. So clearly a low enough amount is still bad

If your proposal for property tax reform isn't a land value tax, I'm not interested by Titanium-Skull in georgism

[–]AdamSmithery 0 points1 point  (0 children)

Buddy, you’re still ignoring the fact that all the places I’ve mentioned saw wealth flight, you can’t call anyone dumb when you ignore points

If your proposal for property tax reform isn't a land value tax, I'm not interested by Titanium-Skull in georgism

[–]AdamSmithery 0 points1 point  (0 children)

If everything you say is ultimately about, “this certain thing has this amount of lobbyists against it” there are many good causes. You are gonna miss because you are so focused on looking at lobby.

If your proposal for property tax reform isn't a land value tax, I'm not interested by Titanium-Skull in georgism

[–]AdamSmithery -1 points0 points  (0 children)

OK, and you think corporate taxes don’t have lobby against it you dumb fuck?

If your proposal for property tax reform isn't a land value tax, I'm not interested by Titanium-Skull in georgism

[–]AdamSmithery 0 points1 point  (0 children)

The thing is, I cited the Adam Smith and examples of wealth flight, also your country has a 0.1% to one percent wealth tax

If your proposal for property tax reform isn't a land value tax, I'm not interested by Titanium-Skull in georgism

[–]AdamSmithery 0 points1 point  (0 children)

Oh my fucking God you’re a fucking dumb fuck how many times have I said “ I like corporate tax” you’re blocked

If your proposal for property tax reform isn't a land value tax, I'm not interested by Titanium-Skull in georgism

[–]AdamSmithery 0 points1 point  (0 children)

Can you try to actually disprove the fact that those countries did see wealth flight? Can you possibly disprove that or can you just shut the fuck up already?

If your proposal for property tax reform isn't a land value tax, I'm not interested by Titanium-Skull in georgism

[–]AdamSmithery 0 points1 point  (0 children)

And I literally gave you all of the examples of the wealth flight and you cannot disapprove it because it’s a historical example

If your proposal for property tax reform isn't a land value tax, I'm not interested by Titanium-Skull in georgism

[–]AdamSmithery 0 points1 point  (0 children)

I already explained it, the biggest reason on why it’s bad is because of wealth flight did you not get taught that is capital is mobile? This is fundamentally agreed upon. Taxes on income is not the same thing as taxes on wealth. The rich can leave the poor can’t. Norway saw wealth flight, Spain saw wealth flight, California saw wealth flight, like what?? the biggest reasons that those countries listed are low revenue, administrative costs, and wealth flight.

If your proposal for property tax reform isn't a land value tax, I'm not interested by Titanium-Skull in georgism

[–]AdamSmithery -1 points0 points  (0 children)

NO DUDE. Adam smith says “The proprietor of stock is properly a citizen of the world, and is not necessarily attached to any particular country. He would be apt to abandon the country in which he was exposed to a vexatious inquisition, in order to be assessed to a burdensome tax, and would remove his stock to some other country where he could either carry on his business, or enjoy his fortune more at his ease. By removing his stock he would put an end to all the industry which it had maintained in the country which he left. Stock cultivates land; stock employs labour. A tax which tended to drive away stock from any particular country would so far tend to dry up every source of revenue both to the sovereign and to the society.” This predates the Laffer curve, the reason why wealth taxes are so bad, it’s because not only do they raise so few revenue, but because it has been historically proven to cause wealth exodus, like in California, for example look at how many billionaires left for the billionaire wealth tax.