eastisbest
Well-known member
Any economists on the board? An explanation for Dummies?
The ‘Georgists’ ...Want to Tax Your Land
Single tax?
The ‘Georgists’ ...Want to Tax Your Land
Single tax?
Intriguing. Never had heard of "Georgists" until now.Any economists on the board? An explanation for Dummies?
The ‘Georgists’ ...Want to Tax Your Land
Single tax?
Thanks for posting. That term and economic theory had not escaped my subconscious for decades. I guess the theory falls somewhere in the 50 shades of gray area between communism and capitalism.Any economists on the board? An explanation for Dummies?
The ‘Georgists’ ...Want to Tax Your Land
Single tax?
I'm no economist but this would seem to punish any small entity or individual who cannot afford to develop or occupy a property. That Redfin is plugged in the article is a massive red flag.
I'm no economist but this would seem to punish any small entity or individual who cannot afford to develop or occupy a property. That Redfin is plugged in the article is a massive red flag.
They are a real estate site similar to ZillowWhat's "Redfin" and why would they be a concern? Are they involved or just suportive? And does their support necessarity make it a bad idea?
Right, they are trying to corner the realty market. Exactly how that would work varies hugely by state.They are a real estate site similar to Zillow
They are essentially traders, right ? They don't care if the market is stimulated by buying for low interest rates, or selling to avoid oppressive taxes, or any place in between. They just skim the money as it moves.Right, they are trying to corner the realty market. Exactly how that would work varies hugely by state.
Right, they are trying to corner the realty market. Exactly how that would work varies hugely by state.
They are essentially traders, right ? They don't care if the market is stimulated by buying for low interest rates, or selling to avoid oppressive taxes, or any place in between. They just skim the money as it moves.
Intriguing. Never had heard of "Georgists" until now.
I did not get Grumbles take from the article but that does not mean he is wrong. Does not matter if LLC or personally owned but the incentive is development and the deterrent is higher taxes if not developed? Many rust belt towns have the same problem. A good chunk of neighborhoods are owned by LLC's in the burbs with little incentive to develop or improve.
But the article does not say that right? LLC or personal the public entity is looking to incentivize investment and decentivize doing nothing. Regardless of owner right?TRANSPARENCY!! SKIN IN THE GAME!! No more hiding behind FACELESS and MEANINGLESS holding accounts and LLCS! The public has the right to know who is NOT DOING THEIR PART in their communities!!
But the article does not say that right? LLC or personal the public entity is looking to incentivize investment and decentivize doing nothing. Regardless of owner right?
The way I read that government will offer up cheap property and keep your taxes low if you invest. Currently, many tax dodges exist in cheap and perceived useless real estate. This discourages the investors who buy junk property like an old closed box store or in Detroit's case residential property and sit on it because it is worth more in the current state showing a loss.
COMMUNITIES cannot apply pressure to someone they cannot find!! OFTEN it is simply a matter of INVESTIMENT SQUATTING!!