Taxing the top 5% more.
Honestly, I think they are. Americans have really weird beliefs and call anything that could benefit other people "socialism" but it seems fine when they hand out tax breaks to rich people. In terms of distorting the…
Land tax is one of those things that you can value easily and collect on easily. It also hurts people who just sit on land, waiting for the value to go up. It also stops negative gearing which drives up housing prices…
Wait... land tax is regressive because poor people have a greater proportion of their net worth in land? Literal nonsense. What is this economic wonderland you live in where poor people have land and assets? As for land…
Made a throwaway because this comment and your other comments are just so wtf. It's like you are arguing that UBI will hurt poor people but thinly veiled with some boomer-nomics to make it sound legit. > Higher taxes…
Taxing the top 5% more.
Honestly, I think they are. Americans have really weird beliefs and call anything that could benefit other people "socialism" but it seems fine when they hand out tax breaks to rich people. In terms of distorting the…
Land tax is one of those things that you can value easily and collect on easily. It also hurts people who just sit on land, waiting for the value to go up. It also stops negative gearing which drives up housing prices…
Wait... land tax is regressive because poor people have a greater proportion of their net worth in land? Literal nonsense. What is this economic wonderland you live in where poor people have land and assets? As for land…
Made a throwaway because this comment and your other comments are just so wtf. It's like you are arguing that UBI will hurt poor people but thinly veiled with some boomer-nomics to make it sound legit. > Higher taxes…