Land 🔰alue Tax Would Solve This 🌇🏗️
@lvtyimby.bsky.social
Taxes on land value, pollution & IP should replace taxes on work. Split DC into 127 states to achieve a supermajority to make the Constitution fair. #LVT #UBI
How do anti-immigrant people reconcile their belief that people prefer being around people who share their culture (and created nation-states that are centered around common culture), but there are also a lot of people who want to emigrate from said states to states that don't share their culture?
Spider-Man: Brand New Day was a fine movie but its politics were a bit iffy. wouldve been way better if at the end Spider-Man turned to the camera & said "i am spider now" & then specified hes the exact kind of spider i am
Anyone who has watched the opening sequence of 12 Years a Slave would recognize that it's basically what the American Stasi (ICE) has been doing: entrapment (often under false pretenses), kidnapping, and trafficking of individuals based on malignant xenophobia and racism.
Lupita Nihongo@otsumamiboy.blacksky.app · yesterdayFor the past five months the only refugees the USA has accepted are white South Africans fleeing equality & safety meanwhile they are disappearing or strapping ankle monitors on any Haitian they can get ahold of. It needs to be understood how thoroughly connected these two things are.
Yes, the concept of *checks notes* "paying rent for access to common infrastructure and resources" would be crazy today. I can think of no commercial arrangements whereby common area management is paid for by tenants' space rent, definitely no associations of homeowners who do roughly the same.
Bill McKay@mckay4senate.bsky.social · yesterdayPeople talk about how if libraries didn't exist the idea of them would be viewed as crazy today, and this is how I feel about property tax.
Homeownership meets the definition of an investment in every way. The equity can be accessed through reverse mortgages, leveraging it for further investments, renting it out, or selling it.
Yes, they need to start thinking like Georgists, the most capitalist of the ideologies that the right-libertarians would consider anti-capitalist.
GOLIKEHELLMACHINE@golikehellmachine.com · 2d agothis is a real thing that happens a lot and it’s a total misunderstanding of capitalism and i really wish that more loud and online anti-capitalists would take the time to understand what it is they think they’re against, most of them are wrong about what they think they’re fighting
The NIMBY has no problems with density somewhere other than where they are at because they know that density is theoretically necessary to avoid insane sprawl, but they ALWAYS have an excuse why density is a problem in their area. But there's no reason why Palo Alto has to be or remain non-dense.
But an LVT a) capitalizes into a lower land price rather than adds to price and b) isn't based on income level, so it's a secret third thing that, given the normal usage of the criteria, is neither progressive nor regressive: it's impressive.
Russell Richie 🔰🌐🏗🚲♿🏳️🌈@drussellmrichie.bsky.social · 3d ago💯💯💯 Comes up all the time in land value tax discourse.
💯💯💯 Comes up all the time in land value tax discourse.
Urban Land Rent 🇸🇴🚰@urbanlandrent.bsky.social · 3d agoI wish we could shake libs out of the consensus position that the progressiveness of a tax policy can be solely evaluated by looking at one side of the ledger I have had many conversations like this “This tax is regressive” >But the revenue is being spent progressively “Had not considered this”
Vote for a strong proven leader to serve as your next King County Assessor. youtu.be/PGA9pJL7Eqw?...
Chris Roberts for Assessor
YouTube video by Christopher Roberts
youtu.be
Saying the unimproved value of a land parcel can go up with improvements is like saying the unimproved value will go down if the land parcel becomes unimproved. Thus, the unimproved value of land cannot increase by putting improvements on it, so # 3➡️# 4 can't happen, thus no # 5.
Only one of two things can be true: 1. Land can be bought and the surrounding area can grow so much that the return from a sale after doing literally nothing exceeds other investments. 2. It doesn't. Either way, a land value tax is necessary to protect against either downside.
It does feel like the single biggest shift in the US economic policy consensus over the last thirty years has been the near total victory of the anti-tax right, whose premises are now adopted all the way to the most left-wing Dems
Once again, this is how San Francisco and Silicon Valley’s economy actually works:
Pride Ott 🦦 🏳️🌈🏳️⚧️@hikoukihikouki9.bsky.social · 6d agoIn all the AI economic doom scenarios the AI rents all accrue to big tech but reality probably is that they’ll accrue to people whose parents bought SF real estate in the 60’s
Only one of two things can be true: 1. Land can be bought and the surrounding area can grow so much that the return from a sale after doing literally nothing exceeds other investments. 2. It doesn't. Either way, a land value tax is necessary to protect against either downside.
This is why we give no quarter to Howard Jarvis thought, not even a toehold (or a pied hold)
Vince Mancini@vincemancini.bsky.social · last wk.Oh no, not your mom’s pied-a-terre!!!!!!!
This is why I like to say "land value tax would solve this" to almost any problem, because taxing land value will both solve just about any problem (including the specific grocery store problem being discussed) and is morally good.
Hemry, Local Bartender@bartenderhemry.bsky.social · last wk.Without addressing the hate mob phenomenon which is self-evidently bad I think we're also running into a philosophical difference where one side is like "does this action solve this problem" and the other is like "is this action morally good"
Map of implicit land taxes across the United States:
Land 🔰alue Tax Would Solve This 🌇🏗️@lvtyimby.bsky.social · last wk.New paper from Daniel Murphy and Nathan Seegert studying the effects of implicit land taxes in cases where tax assessments weigh land differently from market valuations. Finding: Higher implicit land taxes increase density, earnings, and firm growth. 🔰🔰🔰 www.sciencedirect.com/science/arti...
New paper from Daniel Murphy and Nathan Seegert studying the effects of implicit land taxes in cases where tax assessments weigh land differently from market valuations. Finding: Higher implicit land taxes increase density, earnings, and firm growth. 🔰🔰🔰 www.sciencedirect.com/science/arti...
Implicit land taxes and their effect on the real economy
Land taxes are widely viewed as an efficient source of public revenue, yet explicit land taxation is rarely implemented. We study a closely related bu…
sciencedirect.com
New York State just authorized a land value tax that could generate billions of dollars for new transit. For the @niskanencenter.bsky.social, @aarmlovi.bsky.social and I wrote about how the renewal of § 119-r in the FY27 budget could unlock a virtuous cycle of infrastructure delivery in NYC.
So this feels like it's vibecession reasoning: prices are up 30%, so the government is going to just drop prices by 30%, because apparently wages haven't risen by more than 0% since 2019? Even if you assume a 25% increase in wages for a 5% drop in real purchasing power, you'd only cut 5% from price.
Ahad@ahadreports.bsky.social · last wk.Mamdani announces 30% price cut on staples at NYC-run grocery stores. Mamdani says grocery prices have risen roughly 30% since 2019 while wages have lagged, leaving many New Yorkers struggling to afford food.
