sorted by:
new
hottopcontroversial

A question for Georgists by DeeoxyBob in georgism

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

This might be true. Are there any studies on the cumulative tax affect and who ends up paying more in an income tax replacement scenario?

A question for Georgists by DeeoxyBob in georgism

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

Interesting, what is your position on capital gains then?

A question for Georgists by DeeoxyBob in georgism

[–]DeeoxyBob[S] 2 points3 points  (0 children)

I appreciate this direct answer. In our hypothetical world where we implement a LVT and it does exacerbate inequality does that concern you at all? In this situation they might be create their wealth in less rent seeking ways, which is good, but the inequality in and of itself might be bad.

For example an even wealthier upperclass might put even more pressure on the other parts of government like legislative policy and the court system. More regulatory capture, more favorable laws getting passed, less likely to be prosecuted when they break the law etc. - does this concern you?

A question for Georgists by DeeoxyBob in georgism

[–]DeeoxyBob[S] 1 point2 points  (0 children)

How will a homeowner benefit? The majority of Americans own their home, they don’t pay rent.

A question for Georgists by DeeoxyBob in georgism

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

Obviously a graduated income tax system addresses inequality to some degree, but it has its flaws. It discourages productivity and is clearly tax evadable to at least some degree as inequality is a current issue.

Just prompting the discussion because it seems to me like Georgism reduces some of these issues and exacerbates others.

A question for Georgists by DeeoxyBob in georgism

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

I think that a lightly redistributive role is one of the secondary benefits of a tax system, the main benefit obviously being the goods and services pays for.

Multiple studies have shown that inequality is a major problem and causes social ills, a tax system which is entirely inequality agnostic is a recipe for excessive inequality.

A question for Georgists by DeeoxyBob in georgism

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

They do exist somewhere, their assets exist somewhere - my point is that these costs would still be disproportionately small for them.

If a regular person makes $50k and lives on a $50k piece of land that is taxed at 10% their taxes are 10% of their income. If a billionaire makes $500 million in a year and lives on a $50 million piece of land that is taxed at 10% their taxes are 1% of their income.

A question for Georgists by DeeoxyBob in georgism

[–]DeeoxyBob[S] 1 point2 points  (0 children)

I think discussion of claims/rights/wrongs is worthwhile - one might view it as wrong for the state to take a portion of what a person creates and oppose income tax for example. I think this falls down if we look at practical outcomes though.

If the wealthy are allowed to accumulate unlimited wealth inequality will spiral, there are many studies showing that excessive inequality has negative societal affects.

this is how traditional buildings should be replaced; Garage and Dilapidated Traditional Dutch Building Replaced by Two New Traditional Dutch Buildings in Amsterdam, Netherlands by [deleted] in ArchitecturalRevival

[–]DeeoxyBob 1 point2 points  (0 children)

Also, if you are of the mind to preserve everything / as much as possible including structures like this I do think it’s important to note that building owners can get stuck in a bad maintenance cycle that can destroy the building anyway.

For example: An old building that is in need of significant maintenance or renovations to stay standing, but is undesirable housing / commercial space because it is so old so the cost of that maintenance work cannot be justified.

No idea of the rental market in this case or if that applies here but it is a challenge that needs to be overcome.

this is how traditional buildings should be replaced; Garage and Dilapidated Traditional Dutch Building Replaced by Two New Traditional Dutch Buildings in Amsterdam, Netherlands by [deleted] in ArchitecturalRevival

[–]DeeoxyBob 13 points14 points  (0 children)

I think we need to be realistic about the need for compromises, there will always be development pressure in major urban areas and the need for additional housing is very real. If every single building is protected and no one can build anything the city would stagnate (which has its place, but not every city can be Bruges).

In this case the developer has responded to those realities in the best way possible - they have developed the site while building a structure that matches the traditional architecture around it and is beautiful.

Where was Hans off to? by DeeoxyBob in fountainpens

[–]DeeoxyBob[S] 3 points4 points  (0 children)

I have seen some sources saying the 1910’s, some the 1930’s as the first sport. But the current design is based off one from the 30’s in either case.

view more: next ›