tax land

Texas has heavy taxes on land and none on income The result: you keep more from work and creating value, not from extracting it "It makes property less expensive...prevents you using it as an extractive store of wealth" — UK ad exec Rory Sutherland

What if taxes rewarded building homes instead of leaving land vacant? That's the idea behind land value tax.

Land value rises from society's hard work. Tax land, not labour.

True economic freedom comes with income security.

Marshall Islands Finance Minister says AI is about to make basic income a global necessity.

Economic Security Project calls for UBI -- an income floor and AI dividends. 'Establish an income floor for displaced workers... "AI dividend" is modeled after the Alaska Permanent Fund, which compensates Alaskan citizens using investment returns on a sovereign wealth fund.'

The basic income movement is coming together in Toronto. Meet supporters from Canada and abroad, with remarks from The Honourable Senator @kpateonthehill.bsky.social and BIEN co-founder Dr. Guy Standing. 📅 Wed Aug 19, doors 6 PM 🎟️ Free RSVP: ubiworks.ca/toronto

Don't forget: basic income has historically had major support among conservatives.

There's no rule that says the economy will always need more workers. In fact, the trend suggests the opposite. The only thing we can be sure of is that a stable society requires stable incomes, especially when the job market increasingly resembles winner-take-all.

Canadian Youtuber About Here says growth creates windfalls for homeowners. But instead of letting them pocket all that new wealth (mostly land value), society should capture some of it back. This can fund housing/transit or replace harmful taxes.

We could be worrying about better things than whether home prices are going up or down.

LVT is about fixing incentives to reward, not punish builders. "If the region's jurisdictions taxed land more so than improvements to it, denser and more walkable neighborhood development would be more lucrative than surface parking, vacant lots, and sparse development."

What would the world be like if we had common wealth dividends? A world with more personal freedom and opportunity. Freedom to take career risks, entrepreneurial risks, volunteer, care for loved ones.

This Ontario minister championed land value capture (LVC) to fund transit. When land values rise because of public investments, the public should get some of that back to fund more transit. We could be doing this everywhere.

All classical economists including the godfather of capitalism, Adam Smith, saw land as a distinct factor of production. Many believed we should tax land not work. It's time to make this mainstream again. It would make our economy more productive & fair.

"The overwhelming case for a land tax has been known for centuries and made by many of the most prominent economists." Legendary British economist Charles Goodhart makes a strong case for LVT in his latest op-ed.

4,000 jobs cut out of 10,000 directly attributed to AI. Stock price soared. UBI is inevitable.

Guaranteed Basic Income is proving to be a workforce investment, not just a safety net. In Howard County, families used additional income to stay current on rent, reduce debt, pursue education, strengthen employment prospects, and invest in their children's success.

"Society increasingly resembles aristocracy" Government report shows how social mobility dies by 2040: —inheritance the only way to get ahead —owning home not realistic for many —value of labour killed by AI To restore the link between wealth & work, tax land not work.

REALTOR .com admits real estate is a Monopoly business, to which the answer is to tax land, not income. This was the original message of the game's creator. 'The game's original ethos was meant to teach the dangers of monopolies, not encourage them.'

NYU's Newspaper calls for Land Value Tax to fix housing. "it has the potential to eliminate land speculation and incentivize development. Doing so could help end our housing crisis, lower prices and ensure that New York City is a place where everyone can afford to prosper."

To fix Ontario's housing system, replace anti-productive taxes on income and property with a land value tax.

Over 100 years ago, Winston Churchill pointed out the grave injustice of land owners reaping windfalls from the work of others—railways, roads, services and workers. Little has changed. Let's make this mainstream again: tax land, not labour.

Canada's land and natural resource rents are enough to pay at least $7,500K/year in dividends per adult or lower income taxes for most working Canadians. This is how we can improve affordability and ensure that our common wealth benefits all current and future generations.

stop taxing work more than owning real estate

An entire industry asked to be saved by UBI -- fishermen Irish farmers already get a "basic income support for sustainability" that pays per hectare farmed. It plays a key role in guaranteeing food security, and for farmers, income resilience and a fair standard of living.

A court in Hangzhou just awarded compensation after a worker was fired and replaced with AI. That's the point: if AI displaces you, compensation shouldn't depend on whether you can afford a legal fight. UBI is the universal floor.

UBI has been proven to reduce food and housing insecurity, while supporting work. "At the same time, we need to be careful that we don't forget that we need to address the root causes of household food insecurity. It's an income problem that requires income solutions."

"People won't work if you give cash." The evidence keeps piling up: guaranteed income increases employment and improves job quality. In CA pilots, full‑time jobs rose up to 2x vs control; higher‑quality jobs 3x.