[pzo]

The problem is that this would have be to incorporated worldwide wise. Otherwise will capital first run to different cheaper state or different (tax paradise) country. I'm also not sure if alone would solve the problem.

IMHO we would have to probably have small tax on revenue rather than profit - so only something similar to VAT but smaller and without deduction. VAT seems the most honest tax since you pay it only for what you buy. Also maybe property tax but with cumulative different tax brackets (0 tax for first property). 50% average yearly rental tax for each property that is being empty more than 3 months a year - just to discourage and deflate real estate bubble.

Eventually we probably need overproduction for goods at the bottom of maslov piramid: shelter, energy, food, water, transportation. Robotics revolution maybe is some hope.

[hagbarth]

>The problem is that this would have be to incorporated worldwide wise. Otherwise will capital first run to different cheaper state or different (tax paradise) country. I'm also not sure if alone would solve the problem.

For the US specifically I disagree. The massive size of the US consumer market puts so much power in the hands of the government, that they are currently not using. Probably due to lobbying from corporations that try to prevent just that.

Agree on overproduction. This could also be handled by government subsidies or straight up government investment. Eg. solar and wind investment doesn't have a good ROI anymore for private companies. Maybe the state should be the provider of energy, so we can get very cheap and sustainable power.