a thoughtful web.
Good ideas and conversation. No ads, no tracking.   Login or Take a Tour!
comment
rthomas6  ·  2724 days ago  ·  link  ·    ·  parent  ·  post: Shake it up. Offer up one somewhat unpopular opinion that you hold.

It's called a land value tax. It's the only tax that does not decrease economic efficiency. It's progressive. Unlike corporate taxes and other similar taxes, it doesn't get passed on to the consumer (i. e. renter). It's relatively straightforward. It's hard to evade. And it encourages efficient land use.

Generally speaking, taxes act as an incentive to decrease whatever is being taxed. Therefore we should probably tax things that we want less of: carbon emissions, use of finite resources like land, etc.