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Did you just look up the total value of land and assume that that same total amount of value could be assessed as a land-value-tax each year?

I can’t read your post any other way, but it is so spectacularly unreasonable that I can’t imagine that’s a thing you think is remotely feasible.



You’re reading too much into the half-assed back of the napkin math I used. The simple dumb end I posit is compared to the Somer method in the linked post. The Somer method is night and day. The point is that the numbers add up to fully fund all levels of government with more than enough left over to service debt and payout a dividend. Even a stupidly self-destructive implementation would on paper fund the entire system. But we shouldn’t do it that way, no one would accept it, and it would have second order effects I talk about in the original comment.


For clarity and avoidance of doubt: you believe there’s a way to raise over $20T each and every single year from land value taxes alone?


No. All levels of governments in the United States spend somewhere around 14 trillion though so we need to look into raising some kind of tax to cover that or make significant cuts or probably more likely both.

In my opinion a Land Value Tax is the simplest way to raise the most money in the least bad manner and using back of the napkin math, even if it is an order of magnitude off, seems to have the possibility of raising a significant amount of that money while on the surface not being onerous to the average person.

Certainly the reality is that the vast majority of private land use is for agricultural purposes and would need to have special considerations with regards to a Land tax to avoid destroying that industry.




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