Re: Spot the less greedy landlord
- I've seen your proposal in this regard before and still don't see how it solves the problem. Since our neighborhoods are not economically integrated, it will just be the wealthy sharing the rent collusively with each other while poorer neighborhoods will share a sliver with each other. The point is that land is for everybody.
There are definately merits to subsidiarity (pushing things down to the lowest level possible like the neighborhood), but there are many things that cannot be done at that level so there is the flip side of solidarity which binds us together for larger common goods. Didn't Texas' property tax as a vehicle for funding schools get all messed up because they created these crazy germandered districts such that no commercial land was falling within school districts so there was no way to fund the schools.
You will just get crazy and likely racist gerrymandered so-called "neighborhood" associations. Or worse nutjobs claiming they are sovereigns (or neighborhoods) unto themselves.
--- In LandCafe@yahoogroups.com, Fred Foldvary <ffoldvary@...> wrote:
> > confiscatory land tax is not a practicable option
> Propose the conversion of all neighborhoods into civic associations (like homeowner associations, but including tenants). Taxes would be replaced by assessments based on site values. People oppose property taxes but gladly pay condominium, co-op, and residential association assessments and dues.
> Fred Foldvary
Collecting 100% of the Rent – not the rack-rent – is the proper policy.
Anything else is the art of the possible – politics.
If your goal is a pallid pretense of full Rent collection, try something else. Should you succeed in the ‘pretense’ – very doubtful - it is unlikely to advance any further.
Henry George School of Los Angeles
10242 Mahogany Trail
Tujunga CA 91042
Matt Bieker is right that this has come up before.But I have also explained before that I feel that the 100% confiscatory land tax is not a practicable option now that the political parties have extended homeownership to create a built-in electoral majority which will shoot up any recognisably Georgist proposal should it raise its head.
(The OECD recently published property tax ideas,nowhere near as radical as LVT and these were denounced as "revolutionary"in the British corrupt press .Politicians did n't bother to consider them.)
I have proposed to freeze land prices with the JS Mill form of the tax,scalping any land price rises after a deadline.
It seems to me that such a freeze would be more acceptable to the bribed silly British public (bribed by unearned house price increases) who have been conditioned to accept wage freezes in routine attacks on wage inflation. We would achieve our goals by having the JS Mill tax (AKA Sentinel Tax) hold land and house prices down while the liberated economy powers ahead ,raising levels of personal and national wealth above frozen land-values.Germany has house prices which have n't gone up since the 1970's despite huge increases in profits and wages. We would be laughing in the Uk with this arrangement.The strangely intelligent Coalition Housing Minister,Grant Shapps ,has suggested that house price inflation should always be slightly less than wage inflation.This is the really revolutionary idea .
Georgist demands for the 100% Tax and nothing but 100% are actually an obstacle to getting anything implemented, much as I admire George.But the political facts have changed.LVT should become a routine part of anti-inflationary policy sans the nineteenth-century rhetoric which is a gift to our opponents.