justtaxland

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[article] Australian housing wealth is meaningless, destructive and fundamentally changing our society | The Guardian (www.theguardian.com)

This op-ed details how housing has gotten faaaar more expensive over the past several decades but without corresponding wage growth, leaving it increasingly unaffordable. The author (correctly) argues that this is due to the rising land values, which does not represent true wealth creation and is rather simply a vehicle for...

[video] How tech giants have turned themselves into digital landlords | original title: "The Economics of Programming Languages" (youtu.be)

I was watching this talk while rebuilding a big docker container at work, and it gave a surprise shout-out to Henry George’s Progress and Poverty, in the context of how Google and other tech “platforms” have turned themselves into digital landlords.

[article] The case for shifting taxes onto land (cepr.org)

Land’s share in economies’ nonfinancial assets equals between 40% and 60%, and in the US currently equals over 50%. This constitutes a very large base for a non-distortionary tax. This column suggests that a 5-percentage point or larger increase in the tax rate on the value of US land, excluding buildings and equipment...

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