The Forum > Article Comments > The planned obsolescence of the public interest > Comments
The planned obsolescence of the public interest : Comments
By Karl Fitzgerald, published 12/11/2015The benefits are profound. Land Tax is the only revenue mechanism to generate positive benefits for the economy.
- Pages:
-
- 1
- 2
- 3
- 4
- 5
- Page 6
- 7
-
- All
"Look the question is perfectly simple. How do you know, at any given point, whether a tax is beneficial or detrimental, even in your own terms?"
By comparing the effects of having and not having the tax. Which can be very complicated, especially if the comparison is detailed enough to include the effects of raising/cutting/abolishing other taxes to reach the equivalent revenue position. I know it's not what you want to hear, but simple questions often have complicated answers.
Secondly, nothing at mises.org proves anything non-trivial to my own standards. The entire Austrian School is based upon false assumptions and non sequiters in order to promote policies that favour the already rich over everyone else. But despite this I did have a look at what the page you linked to said about land value taxes... and found a stupid rant about how the landowner provides such a valuable service allocating its use. It doesn't seem to have occurred to the author that taxing the value of the land would not deter the owner from performing that service. And amazingly (considering his adoration of free markets) nor did it occur to him that the market itself could fulfil that function.
Anyway there's a big difference between referring someone to a site that you claim will answer their questions and linking to a site you summarise the conclusions of before anyone even starts asking questions. And when it turned out you weren't really interested in the answers anyway, your allegation of appeal to absent authority lost any remaining credibility.
The appropriateness or fairness of a tax depends on the context. But some taxation is always needed to give a currency value. Unlike rape, where the appropriate rate is zero and the state should never commit it under any circumstances (although the appropriate rate may be unachievable because cost and other competing rights limit the state's ability to prevent it).
(TBC)