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(Salon)   If we instituted a land tax, we wouldn't need any other taxes. No sales tax. No income tax. No payroll tax to fill a social security trust fund. No corporate income tax. No need to tax labor and industry at all   (salon.com) divider line 22
    More: Interesting, United States, house ways and means committee, Major Changes, price bubble, private ownership, Senate Finance Committee, McMansion, Baucus  
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5257 clicks; posted to Politics » on 22 Nov 2013 at 2:37 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



Voting Results (Funniest)
View Voting Results: Smartest and Funniest

2013-11-22 02:49:57 PM  
6 votes:
This is so retarded it made me a Republican
2013-11-22 01:26:12 PM  
4 votes:
So my "living in a zeppelin in the sky" idea would bear financial rewards?
2013-11-22 03:11:04 PM  
3 votes:
I like tax.  I like to tax.  I like to tax as many people as possible, in as many ways as possible.  Tax is the thing that keeps me going, that drives me, that justifies my life.

oh.  Not "tax",

I mean "sex".

Well that article just got boring.
2013-11-22 03:15:05 PM  
2 votes:

jst3p: On that note, "oh the huge manatee!" has always bothered me when "Oh the huge mammaries!" is just as obvious but vastly superior. For shame internet, you blew it.


img.fark.net

She'd be paying a lot of tax on those huge tracts of land...
2013-11-22 02:49:57 PM  
2 votes:
The US govt is the largest landowner in the US so then when they pay the tax they will pay for all of the govt's services.
2013-11-22 01:33:48 PM  
2 votes:
As someone who's dabbled in residential rental properties, you better believe any additional taxes would be passed on to the tenants. And if it made me really angry, I might even add a "fuel surcharge" and "processing fee".
2013-11-22 06:09:00 PM  
1 votes:

Chummer45: There's nothing inherently wrong with an income tax.


Yes there is. The way its collected (or filed) is farked up. It's none of the government's farking business how much money you or I make and how we made it. It's not the government's place to tax my income for not having a mortgage or children, etc. And in the end it's the government laying claim to some portion of your labor, basically claiming that they partially own you.
2013-11-22 05:54:11 PM  
1 votes:
Oh, thank god the liberals can solve all our problems with increased taxes and welfare.  I was worried they were out of ideas.
2013-11-22 05:47:31 PM  
1 votes:

paygun: Yep, just keep chasing your tail.  If you want to stop the rich from being rich, pass a law banning personal wealth over X amount and be done with it.


Wouldn't mind salary caps. But of course, that would mean that people at large would actually have to get off their asses and care about it. Right now it seems to be all right to have such an insanely cavernous gap between rich and poor in this country. Must be patriotic or something.

*polishes flag pin*
2013-11-22 03:52:42 PM  
1 votes:

what_now: oldfarthenry: So my "living in a zeppelin in the sky" idea would bear financial rewards?

You're gonna take your chances on a big jet plane?



Zepplins and big jet planes aren't all the same. Never let them tell you that.
MFK
2013-11-22 03:47:08 PM  
1 votes:

jst3p: netweavr: Witty_Retort: netweavr: DamnYankees: The amount of people dismissing this out of hand is pretty interesting. What's so objectionable about this?

Well for starters it would penality brick and mortar stores while rewarding digital services. That effectively cripples local industries for most of America.

Wouldn't online stores still have warehouses? Amazon has several really big ones.

In crappy areas and only when it's financially beneficial. Hell they refused to put one in California until the state finally hit them with Sales Taxes anyways.

CSB: I went to the Amazon Web Services conference last week in Vegas (it was pretty awesome). Where I finally met our sales rep. See, he is not allowed to come to Colorado because Amazon doesn't have a deal with the state to avoid paying taxes here, so they can do no business in the state. They are very sketchy about doing anything that will get them a tax bill and I guess some states tried to collect sales tax on their retail business because their web services guys were working.


OK seriously, this right here is why SOMETHING needs to be done. Amazon is by far and away one of the largest retailers in the US and are sucking up a HUGE percentage of the market share and they are completely shirking their tax responsibility to the society that allows them to operate and accumulate so much wealth.
2013-11-22 03:35:57 PM  
1 votes:

Hillbilly Jim: jst3p: On that note, "oh the huge manatee!" has always bothered me when "Oh the huge mammaries!" is just as obvious but vastly superior. For shame internet, you blew it.

[img.fark.net image 480x800]

She'd be paying a lot of tax on those huge tracts of land...


She could make up for it in drilling rights.
2013-11-22 03:12:46 PM  
1 votes:

Witty_Retort: whidbey: And they'll all be in China if this happens.

So stuff will just be UPSd directly from China? Shipping will be through the roof.


Good point. Maybe Amazon would lobby for its own DMZ.
2013-11-22 03:12:33 PM  
1 votes:
"No one put any enterprise or cost into producing the land's value - they simply bought it when it was cheap, sold it when it was dear, and waited for the check."

Complete and utter bullshiat.

I'm all for tax codes that place the burden of paying taxes on the folks who derive the most wealth from the systems of laws in place that enable them to acquire and keep their wealth but lets not pretend that land value comes from the land value fairy.

There is a reason an acre of land on Manhattan costs somewhat more than an acre of land in rural Wyoming - it's because a lot of people have put a fair bit of work and financial investment into developing and building both the useful structures on the land itself and the surrounding infrastructure that supports the operation of the fancy things that get built.
2013-11-22 03:01:17 PM  
1 votes:

Witty_Retort: netweavr: DamnYankees: The amount of people dismissing this out of hand is pretty interesting. What's so objectionable about this?

Well for starters it would penality brick and mortar stores while rewarding digital services. That effectively cripples local industries for most of America.

Wouldn't online stores still have warehouses? Amazon has several really big ones.


And they'll all be in China if this happens.
2013-11-22 02:52:38 PM  
1 votes:
Uh.. that's so dumb. The rich would just move away from owning land.
2013-11-22 02:47:46 PM  
1 votes:
Real estate taxes already exist and are the purview of local government. Traditionally used to fund the local schools.

Civics 101 is adjourned kids.
2013-11-22 02:45:51 PM  
1 votes:

Headso: or we could just take capital gains at a progressive rate...


It's such a simple solution that applies something we already knows works to an area where it would intrinsically work extra well due to the motivations involved, and would target one of our number 1 sources of inequality.

That means it will never happen.
2013-11-22 02:44:21 PM  
1 votes:
Salon.... economic article..... grr do I really hate myself enough to read it?

Isn't this part of georgism economic theory..... god who was the farker that always expounded that theory.
2013-11-22 02:44:13 PM  
1 votes:
Let's go one step further and say only those with a stake in the game can vote.
2013-11-22 02:19:45 PM  
1 votes:
Today I learned my two acres in the flood plain qualifies me as landed gentry.
2013-11-22 01:21:37 PM  
1 votes:
 Just tax the stuff that humans had nothing to do with creating, and therefore have no basis to claim ownership over at all.

It's always nice when authors put tells as to the quality of their article so early on.
 
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