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Joined 3 years ago
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Cake day: July 5th, 2023

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  • I feel you and I’m glad you asked. The goal of my comment is to invoke interest so one can go down the rabbithole on ones own terms. This has a much more sustainable effect than just serving information on a boilerplate nobody asked for. Much like a catchy title/thumbnail on a yt video generates clicks, but the actual information does not.

    There are a lot of resources about LVT out there including some educational videos in an entertainning way. Pick your own poison: https://www.youtube.com/results?search_query=georgism

    My Standpoint: Our present tax system is bad (almost worldwide): Tax based on value generated (like income, sales and import taxes) costs society a lot (real costs but also opportunity costs) while simultaniously not solving a lot of todays issues (f.e. tax evasion, old money, zone planning / car centric design, pollution, etc.). Land Value Tax (or more precicely: Resource Tax) solves this by getting rid of the penalty for being productive or creating value while simultaniously taxing those being exponantionally wasteful with resources and/or pollute.

    With LVT, there is now a penalty free incentive to increase profits and/or efficiency. On the other hand, if you consume and/or occupy resources like land, oil or air pollution, you’ll have to pay tax for that derived from the resources scarcity. The sum of the tax would be similar or higher than todays sum and would finance all government spending including a citizens dividend which could be interpreted today as unconditional basic income which would provide for basic human needs.

    Georgism is PRO Economy and PRO Humanity. Win Win. Regardless of your political flavor, you should be in favor 😏

    Winners: Society, everyone from poor to rich, resourceful entrepreneurs

    Losers: old money, polluters, unrighteous beneficiaries of today’s flawed legal situation