‹ BackHN Continuity

Thread

Does Georgism work? Five years later

514 points · 522 comments · silveraxe93

  1. Gimpei · · focus · HN ↗
    The LVT seems to me to be a lot like a carbon tax: a wonderful technocratic idea that is politically untenable. LTV would be great for humanity, but very bad for present homeowners. Since homeowners are wealthy and thus more politically engaged on average, I just don’t see how this could ever get passed. Instead of starting with an impossible task, why not start instead with a merely incredibly unlikely task: repeal proposition 13.
    1. wmf · · focus · HN ↗
      In most cases LVT would be the same or lower than current property taxes. Only empty lots would pay more.
      1. perilunar · · focus · HN ↗
        Empty lots and surface-level parking.
    2. singpolyma3 · · focus · HN ↗
      TFA literally shows how it is better for homeowners
      1. maomao5 · · focus · HN ↗

        [dead]

      2. rcpt · · focus · HN ↗
        The problem is that the issue is rarely LVT vs market-rate property taxes.

        It's usually up against some insane shit like Prop 13

    3. Tiktaalik · · focus · HN ↗
      Carbon tax was great for me. I made money. Maybe you should have used less carbon.
Open on Hacker News to reply ↗

Unofficial Hacker News client; not affiliated with Y Combinator.