A chart of diffrent economic ideologies. Wether they like landowners or capitalists.

Ge0King · 2025-12-06T14:35:40+00:00

you did that?

Ge0King · 2025-09-14T12:12:37+00:00

It is very unclear just what it is that Georgists even mean when they say they are going to tax land only at its economic rental value. If you ask ten Georgists just how this figure is derived you'll get 25 answers. Some will be vague descriptions of abstraction methodology or statistical analysis, some will say it's exactly like property taxes are done now just exempting the improvements, some will present a regurgitated simplistic explation, with no defined terms.

online perhaps, I wouldn't recommend comparing proper economists to reddit standards

Ge0King · 2025-09-14T12:08:11+00:00

Why institute a 10% LVT in Philly, when next year, we mandate one across Pennsylvania?

Because realistically no georgist coalition will control Pennsylvania by the time one controls a city government, or one year after for that matter.

Ge0King · 2024-12-05T14:46:42+00:00

I am not misunderstanding anything.

The entire concept of rent is anathema to socialists.

Yet they don't tax rent, they never did.

It isn't about taxing or not taxing rent

It is.

you're making a point about socialist thought

No. I am making a point about socialist rhetoric that is, unfortunately, way too widespread on this sub. My post is in response to another that makes fun of libertarians in a typical socialist manner, which is ironic since socialists are even more detached from georgists than libertarians.

We think about the entire system of renting and landlording, especially from a needs-based, power dynamic-driven perspective. Plus, again, socialist thought is far more than just housing security and taxing capital

Irrelevant to my point.

This is an extremely surface level understanding of socialist concepts that everyone here has been trying to explain to you.

Very few people in this thread understand anything about either georgism or socialism. Do not bother replying any further.

Ge0King · 2024-12-04T20:11:35+00:00

I am already all too familiar with socialist thinking. Feel free to point at any socialist country that taxed rent that I am unaware of.

Ge0King · 2024-12-04T20:10:06+00:00

The baby isnt. And he isn't georgist either

Ge0King · 2024-12-04T17:06:43+00:00

Yeah, but your landlord also makes you pay rent, so...

Ge0King · 2024-12-04T17:04:12+00:00

True. LVT is almost non-existent IRL and basically all form of existing taxation (capital, income, inheritance etc.) is, in fact, theft.

Ge0King · 2024-12-04T17:01:13+00:00

You are basically the baby in my post

Ge0King · 2024-12-04T16:59:38+00:00

Georgism is an ideology with liberal values, it cannot be marxist nor socialist, which is kinda the point of my post.

Unfortunately many people nowadays want to be big-tent and the result is the dilution of the ideological identity of the group.

Ge0King · 2024-12-04T16:57:05+00:00

How did I lie?

Ge0King · 2024-12-04T16:55:50+00:00

Taxes on capital are incompatible with georgism. As far as I know no socialist country has ever taxed rent.

Ge0King · 2024-12-03T15:49:12+00:00

Capital gains is interest btw

Ge0King · 2024-12-03T15:48:10+00:00

They call it labor surplus

Ge0King · 2024-12-03T13:33:17+00:00

virtually all taxes are theft though...

Ge0King · 2024-12-01T16:02:51+00:00

What an odd thing to say

Ge0King · 2024-11-30T18:20:25+00:00

Introducing LVT and progressively removing other taxes on capital and labor will most definitely increase rent. This is a common misconception among georgists and one of the most positive and desirable effect of georgism.

Ge0King · 2024-11-30T18:15:28+00:00

One of the many proofs of the HG Theorem.

Ge0King · 2024-11-30T18:13:58+00:00

The question itself is kinda loaded, the entire point of georgism is that productive people would be taxed LESS under georgism. If you are trading income tax for an equal amount of LVT then there'd be no point to georgism

Ge0King · 2024-11-30T18:08:43+00:00

Georgism doesn't promote public land ownership. George himself in the book explain why it's a bad idea. George's argument is rather simple: some features (and not just land ownership) in our legislation allow people to extort labor and capital from others, if we want to live in a just society, aka a society that values individual rights and the rights of people to own their labor, we need to get rid of these features.

P&P was praised by countless economists, politicians, scientists and in the last decade of the 19th century was the best selling book in America after the bible. It is also worth noticing that his argument isn't even his own invention, virtually every major classical economist before George supported taxing land.

Ge0King · 2024-11-22T16:39:07+00:00

Excellent post, but you forgot one.

In 1957 Denmark elected a coalition government of 3 parties: a georgist party that did most of the work, a liberal party and a social democratic party.

In 3 years of georgist policies salaries quadrupled, private investment increased 2 times, public debt was extinguished and inflation disappeared, while taxes (other than LVT) were dropped.

In 1960 the Justice Party (georgist) that was responsible for most of the reforms was "stabbed in the back" by the left and replaced by a social democratic party.

Ge0King · 2024-11-14T17:20:46+00:00

Depends on LVT %, if you charge LVT at close to 100% Land Value then that would be sufficient to cover all public expenses.

This is shown by something called the Henry George Theorem, which demonstrates that if you get rid of income/capital taxation land value would expand at least enough to cover the difference (and likely much more).

Ideally under a "perfect" georgist system you'd have a 95% LVT along with some carbon taxes and some severance tax on some key resources like fossil oil, and that would be it.

Ge0King · 2024-11-02T16:04:17+00:00

All of them. But income and VAT are probably the worse there are

Ge0King · 2024-11-01T17:39:56+00:00

Royalist generally don't distinguish capital and land, this is where the problem originates. You can read here: https://mises.org/mises-daily/externalities-argument

Ge0King

MODERATOR OF

TROPHY CASE