All Segments
Segments Timeline
The Appeal of Land Value Tax
In this segment, the speaker discusses the attractiveness of a land value tax compared to traditional real estate taxes. They explain how a land value tax does not discourage development, as it applies uniformly regardless of whether the land is developed or left vacant. This approach encourages building and efficient land use, making it a compelling idea among economists.
"I I don't know any any Economist who doesn't think that you know a land value tax is an attractive idea right and one of the reasons so the basic idea is we're gonna we're gonna tax land let's say rat..."
The Appeal of Land Value Tax
In this segment, the speaker discusses the attractiveness of a land value tax compared to traditional real estate taxes. They explain how a land value tax does not discourage development, as it remains constant regardless of whether the land is developed or left as a parking lot. This approach encourages building and efficient land use.
"I I don't know any any Economist who doesn't think that you know a land value tax is an attractive idea right and one of the reasons so the basic idea is we're gonna we're gonna tax land let's say rat..."
Limitations of Georgism
The speaker critiques the notion that a land value tax can solve all societal and urban issues, highlighting its limitations at the national level. They argue that it is not a progressive tax and would struggle to fund various public needs, particularly those that are not land-intensive. This segment emphasizes that while land value tax has merits, it is not a comprehensive solution.
"idea that a land value tax is going to solve all the problems of society or all the problems of cities is ludicrously not true at the national level it's not a particularly progressive tax in lots of ..."
Limitations of Georgism
The speaker critiques the notion that a land value tax can solve all societal and urban issues, emphasizing its limitations at the national level. They argue that it is not a progressive tax and highlight the challenges in funding various public services that are not land-intensive, pointing out that Georgism's assumptions about land use are overly simplistic.
"idea that a land value tax is going to solve all the problems of society or all the problems of cities is ludicrously not true at the national level it's not a particularly progressive tax in lots of ..."