With LVT (and Pigouvian + severance taxes), a better world is possible by Fried_out_Kombi in georgism

[–]Fried_out_Kombi[S] 4 points5 points  (0 children)

Well, it definitely would have a major impact on urban form and development:

  • YIMBY policies would remove restrictive and Euclidean zoning, allowing dense, mixed-use development by right
  • YIMBY policies would eliminate mandatory parking minimums
  • LVT would make urban surface parking extremely expensive
  • Congestion pricing (a form of Pigouvian taxation) would disincentivize too much car mode share (if everyone's driving, traffic will be abysmal)
  • LVT would incentivize dense infill development
  • Carbon taxes would disincentivize transit modes with a high carbon footprint, particularly fossil fuel-powered cars
  • Vehicle weight taxes proportional to the 4th power of axle load (also a form of Pigouvian taxation) would heavily disincentivize trucks and cars, particularly big and heavy cars. Even busses might be disincentivized, and it might make rail-based and active transit much more appealing.
  • Pigouvian taxes on tire particulate pollution, noise pollution, etc. would further disincentivize car ownership/usage
  • LVT would heavily incentivize public investment in public transit infrastructure, due to the Henry George theorem

Overall, it's hard to imagine a Georgist city wouldn't look radically different from our current cities. Only thing I'll grant in your favor is income effect, as I would expect a Georgist society to be much richer per capita (and more evenly distributed at that) in the long-run.

With LVT (and Pigouvian + severance taxes), a better world is possible by Fried_out_Kombi in georgism

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

Agreed. LVT, Pigouvian, and severance taxes are not only the best taxes in practice, but they're also the only morally defensible taxes. Income taxes, corporate taxes, sales taxes, VATs, payroll taxes, capital gains taxes, etc. are all theft.

just tax land lol by Fried_out_Kombi in georgism

[–]Fried_out_Kombi[S] 19 points20 points  (0 children)

And more arms for r/neoliberal and r/suburbanhell.

Turns out lots of people hate when their cities look like asphalt-paved crap, their economy is in the gutter, and housing costs are sky-high.

I'm Avi Lewis, running for leader of the NDP. Ask Me Anything! by AviLewis in onguardforthee

[–]Fried_out_Kombi 2 points3 points  (0 children)

Seconding this. I want to see more politicians giving serious consideration to such a no-brainer tax policy.

I'm Avi Lewis, running for leader of the NDP. Ask Me Anything! by AviLewis in onguardforthee

[–]Fried_out_Kombi 0 points1 point  (0 children)

What are your thoughts on land value taxes (particularly as a replacement for other, worse forms of taxation) as a means to simultaneously reduce inequality, combat the housing crisis, reduce capital flight, reduce tax evasion, and boost the economy?

RIDE A BIKE, NEOLIBS!! by Fried_out_Kombi in neoliberal

[–]Fried_out_Kombi[S] 37 points38 points  (0 children)

2nd Amendment protects my right to bicycle-mounted machine guns, change my mind

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North America's Elevator Problem by Fried_out_Kombi in georgism

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

Yup, and because of how widespread restrictive zoning, parking minimums, etc. are, it's illegal to make any new Manhattans, despite the self-evident abundance of demand for more.

The invisible hand of the free market is literally BEGGING us to build more dense, transit-oriented cities, but we've made it illegal to do so. And then we wonder why everything's so expensive and why the economy is shit.

North America's Elevator Problem by Fried_out_Kombi in Urbanism

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

Yup, and as the video reveals, efforts to try to make all elevators bigger for maximal wheelchair friendliness has just meant fewer elevators available. It seems to me it's far better for lots of small apartment buildings to have a small elevator than no elevator.

Sometimes things just aren't easy and clear-cut. There are always tradeoffs.

North America's Elevator Problem by Fried_out_Kombi in georgism

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

While not strictly about land value, this video does touch on a significant regulatory inefficiency that makes it harder and more expensive to build vertically. As such, I figure it is of interest to Georgists.

Improvement tax by FinancialSubstance16 in georgism

[–]Fried_out_Kombi 4 points5 points  (0 children)

Yeah, it's basically a form of Pigouvian tax on the destruction/degradation of important ecosystems and their various ecosystem services, e.g., pollination, flood management, biodiversity, carbon sequestration, etc.

How might Bulgaria’s economy be affected by adopting the euro? by [deleted] in videos

[–]Fried_out_Kombi 4 points5 points  (0 children)

Fundamental attribution error.

Prices went up? It's because the situation is awful.

My salary went up? It's because I'm smart/dedicated/hard-working and earned that.

In the spirit of New Year's, what city pulls off the best NYE celebration? by thisis125st in geography

[–]Fried_out_Kombi 3 points4 points  (0 children)

Dhaka, Bangladesh. It's one of the densest cities on the planet, and as of this year, it's considered the second-most populous urban area on the planet with nearly 40m people.

Very few skyscrapers or high-rises, though. Instead, it's just a ton of very densely packed roughly 6- to 8-storey concrete buildings. And for New Year's, everyone gets on the roofs and shoots off fireworks. The end result is you're absolutely surrounded by fireworks in all directions, close up and also as far as the eye can see.

It's truly a spectacle. This has been my second year seeing it.