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RE: A Simplified Taxless State: A Proposal (part one of three)

in #liberty8 years ago

As I understand this, citizens do not purchase/own property and instead purchase the right to occupy land by bidding a tax rate - so what about improvements? If I build a house or shopping mall on the land, the state can then lease that land at a higher rate. How do I get compensated for the added value?

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Excellent counter! I'll be returning to exactly that in parts two and three, for it is indeed a very legitimate concern. We want to incentivize trade and such improvements, after all, as they build wealth.

I'll look forward to reading future installments, thank you!

Well actually that would be a good decison to make.
If state would control the land, it could change rate for different people.

For example, a rich man would pay way more, than a regular lumberjack, or other physical employee.

Anyway it is only a dream, but i like people dreaming over here.
Maybe we will have one day something close to that :) Good luck with that haha :D
Im afraid capitalism rules the world already.

@hrottie It may be prudent to note that most people who don't see capitalism as a dirty word will vehemently argue that capitalism does not rule the world already. This may seem nitpicky, but I say it to point out the fact that when people argue over whether "capitalism" is a good thing or not, they usually have wildly different ideas of what real-life constructs can legitimately be called "capitalism," and thus they may agree in principle and disagree only in vocabulary.

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