DSN9

@DSN9@lemmy.ml

• ⁨Comment⁩ on ⁨Wealth inequality seems like the only outcome in a system where capital gains are taxed less than labor⁩ ⁨⁨2⁩ ⁨weeks⁩ ago⁩:

  It destroys incentive for speculative behavior on land. LVT increases density, reduces infrastructure costs, vastly increases distribution of housing. It increases the incentive to use the property and or improve property on the land. Property, houses, buildings etc are not taxed, the land below it is. It is extremely pro environmental, even pro business. It’s implementation is simple. It’s pro the 99 percent and harms owners of large parking lots in urban dense areas (the poorest use of land and essentially a speculative hold).

• ⁨Comment⁩ on ⁨Wealth inequality seems like the only outcome in a system where capital gains are taxed less than labor⁩ ⁨⁨2⁩ ⁨weeks⁩ ago⁩:

  Just read Henry George. Land value taxes, etc. He had it all figured out 100 years ago. The fact that we still try to determine elaborate methods for building equality is absurd. The correct answers, and methodology is already known, and backed by piles of empirical evidence.

  He adamantly argued two things:

  1. Land value tax above all else.
  2. Labor must not be considered capital.

  These 2 concepts are core to the economic foundation, of building a extremely dynamic society (huge middle class, open financial systems, urbanism etc.)

  …substack.com/…/the-curious-case-of-qingdao-china…

  Or for those very curious…

  astralcodexten.com/…/does-georgism-work-is-land-r…

• ⁨Comment⁩ on ⁨Crypto mogul Do Kwon, known as ‘the cryptocurrency king,’ pleads guilty to fraud charges⁩ ⁨⁨3⁩ ⁨weeks⁩ ago⁩:

  👀

• ⁨Comment⁩ on ⁨Crypto mogul Do Kwon, known as ‘the cryptocurrency king,’ pleads guilty to fraud charges⁩ ⁨⁨3⁩ ⁨weeks⁩ ago⁩:

  Sure sure, is it a sound, decentralized bottom up monetary network built by the people for the people on cryptography rails on an uncensorable network?

• ⁨Comment⁩ on ⁨What Does Palantir Actually Do?⁩ ⁨⁨3⁩ ⁨weeks⁩ ago⁩:

  Fear Peter Thiel and his gangbuster crew of excel homies and consultants 😂

  Don’t get me wrong, they’re enablers of authoritarianists, but let’s not give them too much credit. Magic? 🫧🧐🪠