Thread - Hyper

jo 🇺🇸 8 months ago

this paper explains it very well

Post-Corona balanced budget fiscal stimulus: The case for shifting taxes onto land

Land’s share in economies’ nonfinancial assets equals between 40% and 60%, and in the US currently equals over 50%. This constitutes a very lar...

Replies (2)

jo 🇺🇸 8 months ago

raising land tax to 5.55% while cutting capital and labor taxes could boost output 15%

BitcoinChurch 8 months ago

How does any of this justify the morality of taxation? Taxation is still theft.