Good time to bug your MP

[Mich the Tester]

Mich, I'm forced to the conclusion that you're an idiot.
Can you not see the Land Tax is the best thing since sliced bread, economics-wise.
And we should be proud it was discovered by one of our resident CUK ekonomiks jeeniuses - there really is no beginning to our talents, here on CUK.

ftfy

[sasguru]

ftfy

You really don't get it do you?
Robby has come up with an economics system with only one flaw: you may be forced to sell your land, but you'll always get more than you paid for it. He's pondered deeply and there are no other major flaws to the system.
It's fooking brilliant!
The logical consequence of coming up with a system like that is that he will be feted across the world.
And I for one, will always support success.

[Mich the Tester]

You really don't get it do you?
Robby has come up with an economics system with only one flaw: you may be forced to sell your land, but you'll always get more than you paid for it. He's pondered deeply and there are no other major flaws to the system.
It's fooking brilliant!
The logical consequence of coming up with a system like that is that he will be feted across the world.
And I for one, will always support success.

I can think of so many objections to this scheme that I would wear out my keyboard if I typed them all, so I won't start.

[sasguru]

I can think of so many objections to this scheme that I would wear out my keyboard if I typed them all, so I won't start.

Well you're wrong.

[tractor]

....

[QUOTE=Robinho;1628121]

Window tax and brick tax are fundamentally different taxes. As the supply of land is static it means people moving out of properties will simply depress the price of that area until equilibrium is found and people move in. If people started making houses out of less bricks, the deand for bricks would fall, and eventually the supply of bricks would fall. That is the difference, one distorts behaviour (humans use less bricks), one doesn't.

All that would really happen is that you would effectively be renting part of your house from the gov if you owned, or if you rented anyway nothing would change. You might say "but everyone would just move into tiny houses and live together to save on tax" but the same logic applies to people who rent or pay a mortgage anyway. I rent, and yes, i could move into a smaller flat and pay less, but i don't want to, i quite like my flat and am happy to pay what it costs. The only change in behaviour would come from the removal of the distortionary tax system that is currently in place but the pricing mechanism would ensure that a similar level of property was utilised if slightly differently.

The rest of your post is nonsense.

I just lolled, really. If your landlord put up your rent by a factor of 7 in order to pay the new tax, you would be straight back to your mum and dad's.

[Mich the Tester]

Well you're wrong.

I'm sure you're right. I think this land tax idea where all the land eventually ends up in the hands of the government could be brilliant; Robert Mugabe showed that it's brilliant. At least, it's brilliant if your name's Robert Mugabe or you happen to be one of his chums.

[Robinho]

I just lolled, really. If your landlord put up your rent by a factor of 7 in order to pay the new tax, you would be straight back to your mum and dad's.

........

Ground-rents are a still more proper subject of taxation than the rent of houses. A tax upon ground-rents would not raise the rents of houses. It would fall altogether upon the owner of the ground-rent, who acts always as a monopolist, and exacts the greatest rent which can be got for the use of his ground.

[tractor]

...

........

How could that possibly not permeate through to the property renter? That's like saying a transaction tax on the banks would not be passed on to the customer?

[tractor]

...

I'm sure you're right. I think this land tax idea where all the land eventually ends up in the hands of the government could be brilliant; Robert Mugabe showed that it's brilliant. At least, it's brilliant if your name's Robert Mugabe or you happen to be one of his chums.

Especially as you could then put in a request to the government for aid. Then the government could pay itself and save a fortune. I am becoming more in favour of this by the minute!

[sasguru]

. I am becoming more in favour of this by the minute!

Ah now you get it. One more time:


Repeat after me:

What do we want?!
An quasi-utopian economic system based on Land Tax whose only problem is you may have to sell your land for more than you paid for it!
When do we want it?!
Now!