Viewing profile — LVTfan
LVTfan
HN member- Joined
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About LVTfan
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Recent public activity
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Comment #45638808
You wrote, "the amount of revenue from property tax is only intended to act like collateral damage." You might take a look at these two articles: https://taxfoundation.org/research…
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Comment #42078807
and save up a down payment. Easier in some places than in others.
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Comment #42078721
Barrista, I'm guessing, as at Starbucks?
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Comment #42078707
but the upper middle class is relatively small, depending on how you define upper middle class. Nationally, one might say the 15% who are below the 95th percentile (but locally is …
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Comment #42078651
If one wants children, is planning on children, one wants good public schools for them, and those are generally found in areas with significant population and higher land values. I…
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Comment #42078618
It might lead one to think that there is one underlying cause of the problem. Read Henry George's book PROGRESS AND POVERTY to learn what it is, and his remedy for it.
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Comment #41909711
George was only "radical" because he sought out the root of the existence of involuntary poverty in the midst of riches, and then described a simple way of eradicating it. Economis…
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Comment #41909452
Also important is that the supply of money, of houses and of hotels is fixed.
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Comment #37909769
It isn't the size of their geographical footprint. Rather, it is the location. Actually, locations, for the individual practitioner: their business and their home. They want to be …
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Comment #37909748
As housing fads change, some styles will go out of favor. Great rooms replace lots of small rooms. Technology changes, too, will make some houses obsolete; older roof technology, p…
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Comment #37909710
Those owners may still be living in the homes in which they raised a number of children, near schools they no longer need, near jobs they long ago retired from, with more house tha…
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Comment #37909522
See the first page of lvtfan.typepad.com for the story! It goes back to November, 1887, and a speech from a then-judge, later congressman, from California.
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Comment #37909496
As I understand it, what prompted Prop 13, aside from the desire to serve the owners of the best land, was that while land values were rising astronomically, municipalities and ele…
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Comment #37909329
As the community grows in population, it behooves people to establish businesses to serve their various needs. This creates prosperity for all those business owners and employees w…
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Comment #25004960
Likely true of most taxes, but not true of a tax on land value. Taxing land value heavily causes underused land to either be put to good use or sold, at a reasonable price, to some…
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Comment #25004925
If instead of taxing wages, we collect the rental value of the land on which their residences and businesses are located, it is highly unlikely that the land will leave town.
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Comment #25004893
HG was born in Philadelphia (1839); arrived in San Francisco by 1860 or so, and lived in California until early 1880. He wrote "Our Land and Land Policy" and "Progress and Poverty"…
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Comment #23931321
Dr. Mason Gaffney, the remarkable economics professor at UC Riverside whose work was inspired by the insights of Henry George, has died, at 96. A tribute at https://schalkenbach.or…
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Comment #23222896
Rural land values will remain low until there is significant economic activity and particular demand for land IN THAT PLACE. To the extent that land, say, 10 or 20 miles away is ju…
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Comment #23217740
Many people who were first influenced by Henry George's ideas became impatient with the "organicness" of them, and moved to promoting socialism because they thought it would achiev…
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Comment #23217720
Many people who were first influenced by Henry George's ideas became impatient with the "organicness" of them, and moved to promoting socialism because they thought it would achiev…
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Comment #23217672
Rural areas don't need the kinds of infrastructure that urban areas need, but they need some. They need schools, they need roads and maintenance. They'd love to have broadband. The…
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Comment #23217586
When HG was writing, there were taxes on land, on buildings, on personal property such as watches, horses, carriages, umbrellas ... the poor paid the personal property taxes -- and…
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Comment #23217484
To your first problem: In the simple agricultural example, clearing the land has a reasonably predictable cost, whether it is taking down centuries-old trees and removing stumps an…