I'm not super familiar with Georgism either, but I looked it up and it seems reasonable. If I'm understanding it correctly, the idea is that you have a land tax that replaces all other forms of taxation. Land would be taxed on its value as real estate, so it would disincentivize buying up large swaths of land and doing nothing with it, the way that BlackRock and other investment groups are currently doing. It would also encourage people who do own a lot of land to put it to some kind of productive use, so that it generates income to offset the taxes they would be paying for owning it.
The downside I can see is that it might discourage homeownership for ordinary people, since you'd be paying tax on the assessed value of land you own, which in some desirable areas could be quite high. However, this seems like kind of a weak argument, since homeowners already have to pay these sorts of taxes on top of all the other taxes they pay. In a situation where land is the only thing you have to pay taxes on, ie you keep 100% of your income and don't have to pay taxes on transactions, inheritances, and so forth, writing a small check to the government once a year for property tax would be vastly preferable to the convoluted ass-rape that the tax system is at present.
Also, if I'm understanding George's proposal correctly, it sounds like the taxation is based on the value of the land itself, excluding improvements, so you'd be paying taxes on the value of the lot, not the value of the lot + the house + all the other assessment nonsense that gets factored into current property taxes. So again, this system would be a vast improvement over the present tax system. I'm not really fluent enough in economics to understand the nuts and bolts of why this system is better than some of the other alternative tax systems that have been proposed, but again, this sounds reasonable enough.
I don't want to derail the thread too much with personal banter, but I think your attacks on OP are unwarranted. There's nothing in any of OP's posts that suggest he's a shill or is arguing in bad faith.
Also:>Wouldn't it be better to use a form of currency not created or controlled by the synagogue-of-satan (such as Monero, which can't be controlled or taxed by anyone)?
If you're trying to buy drugs or child slaves on the dark web, Monero probably makes sense enough, but it's not even remotely practical for day to day transactions. Also, this has nothing to do with the pros and cons of land taxes and is not relevant to the conversation. Actually, the same can be said about all the other random stuff you bring up; Satan and the vaccines and EFTPOS cards whatever the hell those are exactly
and whatever other random stuff you brought up.>Righto then, you've shown your nature and ignored the parts of my post that have already refuted/nullified your response.
You haven't really refuted or nullified anything that I can see. Also, I'd again like to point out that your attacks on OP's motives are pretty baseless; OP is simply making an argument for an alternative tax system. Granted, it would be pretty difficult to implement something like this so I'm assuming the discussion is mostly theoretical at this point, but again; OP does not seem to be arguing in bad faith, whereas you are just spouting unrelated gibberish about Satan and cryptocurrency. If anyone is failing to address the relevant parts of anyone's posts here, it's you.>For those wondering regardless: Beware anyone who promises not to abuse the power that you cede to them (in return for some perceived BS/short-term benefit). They will promise you utopia, and then they'll murder you too.>The world is being forced into a satanic and murderous one-world-government/coin/tax/army/truth/gulag system, and (((guess who))) will control it all. Avoid their poisons and discover their antidotes, at all costs.
Vaguely ominous blanket statements like this, presented without any apparent context, make me think that you probably spend far too much time online. You should go outside and walk around a little; it's good for you.
In any event, if you could make an effort to keep your posts a little more legible and on topic, I think we'd all appreciate it. Thanks.