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Amadou_WhatIWant

Amadou_WhatIWant@lemmy.world
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No the idea is that it is very distinct from property. It is just the value of the land. Any “improvement”, be it a house, a factory, or an apartment building is untaxed.

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Sorry if I was unclear. It would happen continuously, over time. So like monthly or yearly, just like rent to a landlord.

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You would only pay tax on the unimproved value of land. You pay no tax on everything built on it. So an empty 1-acre lot next to an apartment building providing 100 homes on a 1-acre lot would both pay the same taxes.

So landlords would earn a profit but they wouldn’t earn rent (in the neoclassical sense).

Its almost like anybody who wants exclusive access to land (for their housing or their business) has to pay society for the right to use it. And if a business (like an apartment) tried to pass on costs to customer (their renters) without providing more or better services, they are essentially just admitting their land got more valuable, so they would just pay more in land value tax (thereby providing more funding for UBI or public services)

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There is a solution for landlords that we’ve known about for a long time.

And its doesn’t involve the a massive, powerful state controlling where people can live.

Its a 100% tax on the value of land. It would stop the landowning class from unfairly stealing huge amounts of money from the poor in the form of rent. It could fund the government (allowing us to decrease taxes that hurt labor, like an income tax), or be redistributed as UBI.

Seriously, if you are at all interested in potential solutions to the housing crises and wealth inequality, please, please, google Land Value Tax and Georgism.

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100% tax on the value of land is the policy proposal. It makes economic sense, would let us abolish regressive taxes on labor and sales, would incentivize more abundant housing. Seriously. This is the solution.

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Fuck landlords. There should be a 100% tax on the value of land

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I think Trump has some of the fascist traits Eco points out, like xenophobia and appealing to a frustrated middle class. But he is thoroughly lacking in other fascist traits, like (1) the syncretic neo-pagan mysticism and (2) the idea that the state should always be at war, that the state should encourage all citizens to die a hero’s death.

So I’d call him authoritarian, christian nationalist, and stupid. But not fascist.

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Look, conservatives suck but theyre not fascists. Calling everybody to the right of you fascist waters down the meaning of the word.

Heres a good take by Umberto Eco on what makes fascism distinct from other political movements: https://theanarchistlibrary.org/library/umberto-eco-ur-fascism

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How has no comment in this thread yet mentioned Georgism or Land Value Tax? That is the solution to Landlordism

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