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by snidane 1303 days ago
Fortunately, getting LVT effective is just a change of a rate how much you charge for exclusive land use. The legal framework is already set up for it in many countries, so no exchtra change needed, let alone changing the 'economic fabric'. Land based taxes were used as the primary tax mechanisn in the past, going back to ancient times, for their simplicity.

The point with LVT and UBI is that you need LVT to make UBI not blow up. But once you have LVT in place you'd realise there is actually no need for UBI, because the original underlying problem - worker's disposable income being sucked away by monopolies - is suddenly gone. Under LVT the government sucks away the money from landlords, not landlords sucking it away from workers. The government can then decide to give it back to people (originally called a citizens' dividend) or reinvest into infrastructure.
2 comments
NovemberWhiskey 1303 days ago
Uh-huh. Or as they say in New England: "you can't get there from here".
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jonhohle 1303 days ago
And we get to thank our benevolent government for being so kind as to grant us temporary use of their lands to toil for their benefit. Is progress monetary theory moving towards feudalism as a solution to capitalism?
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411111111111111 1303 days ago
So you’d prefer thank our benevolent landlords for being so kind as to grant us temporary use of their lands to toil for their benefit.

Your argument makes no sense, regardless wherever the proposed solution would work

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jonhohle 1302 days ago
No, I was saying the idea of using solely LVT to fund the government is exactly what feudalism was. Unless you were in the ruling class, things didn’t go too well. Why would it work now when our public servants already lord their limited power over the populous? I’d rather have a monopolist who is theoretically bound by the same rules and laws as I am own the land than an entity with an army or a monopoly on violence.
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easytiger 1302 days ago
> * So you’d prefer thank our benevolent landlords for being so kind as to grant us temporary use of their lands to toil for their benefit.*

In many countries you know you can buy property?

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