mia 水明
@miawintam
Georgian land tax premise: Let’s say: - You own a piece of land in a city - You don’t build anything on it, just wait for prices to go up - Ten years later, the neighborhood is booming—thanks to new subway lines, stores, schools - Now your land is worth 10x more, even though you didn’t do anything Georgism says you shouldn’t get to keep all of that profit—it was created by everyone else. So a land value tax would make sure you pay some of that value back into the community.
4 replies
0 recast
12 reactions
marv 🎙️
@marvp
Interesting way of looking at property appreciation for sure. But I think it might open Pandora's box of issues if anyone puts "some sort of investment" into that empty plot. Now you have to find a way of - quantifying effort and investment IN a single plot - value a community gets OUT of the plot - an index that enables comparison of these two factors over wide areas, different zoning types, construction types - scaling it for an entire neighborhood/jurisdiction
1 reply
0 recast
2 reactions
erica
@erica
there’s a massive empty plot on a residential block facing the biggest park in Montreal it’s been completely desolate and overgrown for the 13 years I’ve lived here it’s the same as having an empty lot in front of Central Park!! it shouldn’t be allowed!! tldr; I like this premise
1 reply
0 recast
2 reactions
Hoot 🎩
@owl
You should not be able to own land. Or pay some kind of social tax on it eg Harberger tax
0 reply
0 recast
2 reactions
Nicolaus
@nicolaus
#StopTheSquat
0 reply
0 recast
2 reactions
