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Old 07-14-2013, 10:37 PM   #1
Königspinguin
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Default Landowning: the main cause of wealth inequality

The economic entity known as the landowner is pure evil. Its sole "contribution" to the economy is to charge others for access to the infrastructure and services provided by government, the amenities provided by society, and the natural benefits provided by nature. And yet, instead of fully recovering this value and using it as tax revenue, we let landowners take it for doing nothing and tax people's wages and trades instead. Our tax system is designed to shovel wealth into the pockets of those who own valuable land.

Here is some great quotes on this:

Quote:
Winston Churchill

A portion, in some cases the whole, of every benefit which is laboriously acquired by the community increases the land value and finds its way automatically into the landlord's pocket. If there is a rise in wages, rents are able to move forward, because the workers can afford to pay a little more. If the opening of a new railway or new tramway, or the institution of improved services of a lowering of fares, or of a new invention, or any other public convenience affords a benefit to workers in any particular district, it becomes easier for them to live, and therefore the ground landlord is able to charge them more for the privilege of living there.

Some years ago in London there was a toll bar on a bridge across the Thames, and all the working people who lived on the south side of the river had to pay a daily toll of one penny for going and returning from their work. The spectacle of these poor people thus mulcted of so large a proportion of their earnings offended the public conscience, and agitation was set on foot, municipal authorities were roused, and at the cost of the taxpayers, the bridge was freed and the toll removed. All those people who used the bridge were saved sixpence a week, but within a very short time rents on the south side of the river were found to have risen about sixpence a week, or the amount of the toll which had been remitted!

And a friend of mine was telling me the other day that, in the parish of Southwark, about 350 pounds a year was given away in doles of bread by charitable people in connection with one of the churches. As a consequence of this charity, the competition for small houses and single-room tenements is so great that rents are considerably higher in the parish!

All goes back to the land, and the land owner is able to absorb to himself a share of almost every public and every private benefit, however important or however pitiful those benefits may be.

Quote:
Thomas Paine

Men did not make the earth …… it is the value of the improvement only and not the earth itself, that is individual property …. Every proprietor owes to the community a ground rent for the land which he holds … from this ground rent I propose to create a National Fund, out of which there shall be paid to every person a sum.

Quote:
John Stuart Mill

Landlords grow rich in their sleep without working, risking or economising. The increase in the value of land, arising as it does from the efforts of an entire community, should belong to the community and not the individual who might hold title.

Quote:
Andrew Carnegie (A very, very wealthy man)

The most comfortable, but also the most unproductive way for a capitalist to increase his fortune, is to put all monies in sites and await that point in time when a society, hungering for land, has to pay his price.

Quote:
Adam Smith

As soon as the land of any country has all become private property, the landlords, like all other men, love to reap where they never sowed, and demand a rent even for its natural produce. The wood of the forest, the grass of the field, and all the natural fruits of the earth, which, when land was in common, cost the labourer only the trouble of gathering them, come, even to him, to have an additional price fixed upon them. He must then pay for the licence to gather them; and must give up to the landlord a portion of what his labour either collects or produces. This portion, or, what comes to the same thing, the price of this portion, constitutes the rent of land, and in the price of the greater part of commodities makes a third component part.

Last edited by Königspinguin : 07-14-2013 at 10:43 PM.
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Old 07-14-2013, 10:39 PM   #2
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Default Re: Landowning: the main cause of wealth inequality

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Old 07-14-2013, 10:58 PM   #3
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Default Re: Landowning: the main cause of wealth inequality

Quote:
Originally Posted by SpecialQue

what a moron, someone please ban this dumbfuk


i agree with the premise of this thread but this is a long established system that won't change for the foreseeable future
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Old 07-14-2013, 11:02 PM   #4
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Default Re: Landowning: the main cause of wealth inequality

government policies cause inequality.
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Old 07-14-2013, 11:41 PM   #5
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Default Re: Landowning: the main cause of wealth inequality

lmao land ownership and property rights are some of the most fundamental elements of the American way. Don't like it GTFO or STFO
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Old 07-15-2013, 12:21 AM   #6
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Default Re: Landowning: the main cause of wealth inequality

Quote:
Originally Posted by MadeFromDust
lmao land ownership and property rights are some of the most fundamental elements of the American way. Don't like it GTFO or STFO

yea but how about reasonable prices so that the average, hard working man can afford a decent house.

remember back in the day all it took was a flag to claim land. i should be able to go out into the middle of nowhere, where no one lives, and build me a badass house.. surround it with a fence, and then by law that land would be mine. idc if im away from the city. id learn to self sustain of course. damn thatd be the good life. self sustainsion.
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Old 07-15-2013, 01:26 AM   #7
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Default Re: Landowning: the main cause of wealth inequality

Quote:
Originally Posted by DCL
government policies cause inequality.







No, faggot, nature does. Deal with it.
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Old 07-15-2013, 01:28 AM   #8
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Default Re: Landowning: the main cause of wealth inequality

Ya have to pay for conveniences man. You have to do something for the society in which you live in order to earn the money to pay for those conveniences. Prime real estate is a reward for working hard. It wasn't the best or most healthy system to start, but it's what happened and now it works pretty well.
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Old 07-15-2013, 01:34 AM   #9
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Default Re: Landowning: the main cause of wealth inequality

Quote:
Originally Posted by Dizzle-2k7
yea but how about reasonable prices so that the average, hard working man can afford a decent house.

remember back in the day all it took was a flag to claim land. i should be able to go out into the middle of nowhere, where no one lives, and build me a badass house.. surround it with a fence, and then by law that land would be mine. idc if im away from the city. id learn to self sustain of course. damn thatd be the good life. self sustainsion.


That's why a place like Texas has it right, and a place like California with its liberal retards has it wrong.

In Texas, there is no state income tax, but property taxes are higher on average. This allows everyone to keep what they earn, but discourages people from just buying up excessive land they're not actually gonna use. That's pretty sensible. But hippy losers in California think they're being super sensitive and progressive if they tax the big evil job-creating businesses and using the money to dole out welfare to anyone who comes along and asks for it.

Honestly, it's such a shame the extremist, "San Fransisco Liberals" can't think logically, and only think with their delicate vag1nas. They are basically walking doormats, insecure losers who disguise the fact that they're literally afraid to ever stand up to someone, hold them accountable, or fight for a principle, by pretending that just tolerating a fucking welfare state shithole is an intellectual and progressive thing to do. They are ruining a land that geographically is so magnificent.
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Old 07-15-2013, 01:39 AM   #10
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Default Re: Landowning: the main cause of wealth inequality

Quote:
Originally Posted by OldSkoolball#52
That's why a place like Texas has it right, and a place like California with its liberal retards has it wrong.

In Texas, there is no state income tax, but property taxes are higher on average. This allows everyone to keep what they earn, but discourages people from just buying up excessive land they're not actually gonna use. That's pretty sensible. But hippy losers in California think they're being super sensitive and progressive if they tax the big evil job-creating businesses and using the money to dole out welfare to anyone who comes along and asks for it.

Honestly, it's such a shame the extremist, "San Fransisco Liberals" can't think logically, and only think with their delicate vag1nas. They are basically walking doormats, insecure losers who disguise the fact that they're literally afraid to ever stand up to someone, hold them accountable, or fight for a principle, by pretending that just tolerating a fucking welfare state shithole is an intellectual and progressive thing to do. They are ruining a land that geographically is so magnificent.


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Old 07-15-2013, 02:34 AM   #11
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Default Re: Landowning: the main cause of wealth inequality

Quote:
Originally Posted by OldSkoolball#52
That's why a place like Texas has it right, and a place like California with its liberal retards has it wrong.

In Texas, there is no state income tax, but property taxes are higher on average. This allows everyone to keep what they earn, but discourages people from just buying up excessive land they're not actually gonna use. That's pretty sensible. But hippy losers in California think they're being super sensitive and progressive if they tax the big evil job-creating businesses and using the money to dole out welfare to anyone who comes along and asks for it.

Honestly, it's such a shame the extremist, "San Fransisco Liberals" can't think logically, and only think with their delicate vag1nas. They are basically walking doormats, insecure losers who disguise the fact that they're literally afraid to ever stand up to someone, hold them accountable, or fight for a principle, by pretending that just tolerating a fucking welfare state shithole is an intellectual and progressive thing to do. They are ruining a land that geographically is so magnificent.

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Old 07-15-2013, 12:20 PM   #12
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Default Re: Landowning: the main cause of wealth inequality

Id care more about this if property taxes didnt kick my ass yearly. I own 2 houses and am responsible for maintaining a third. **** property taxes.

**** em hard.
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Old 07-15-2013, 03:32 PM   #13
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Default Re: Landowning: the main cause of wealth inequality

Quote:
Originally Posted by Kblaze8855
Id care more about this if property taxes didnt kick my ass yearly. I own 2 houses and am responsible for maintaining a third. **** property taxes.

**** em hard.

The property tax has a tax on improvement value (buildings, etc.) and a tax on land value. Because of the tax on land value it's actually the best tax that we have. The proposal is to eliminate the improvement value portion and raise the land value portion to it's full rental value. If you find it hard to afford that means you are either not using the land as productively as others could, you are depriving others of opportunity, or maybe you are speculating which a economically destructive activity, or it means you are focusing on the wrong target. With a land value tax implemented, you'd no longer pay any sales or income taxes. Another beneficial thing about land taxes is that it reduces land prices. The sales price of land is essentially just present capitalized future rents minus taxes. Let's say there is 0% land value tax and a piece of land has a value of $100,000. Put a 50% tax on its rental value and it's sales price drops so $50,000. Put a 100% tax on its rental value and its sales price drops to $0.00. Land becomes incredibly cheap to buy and you just have to pay for improvements and of course pay its rental value as a tax. People would no longer have to be enslaved to mortgage companies to find a place to live while at the same time being robbed of their income.
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Old 07-15-2013, 03:37 PM   #14
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Default Re: Landowning: the main cause of wealth inequality

LAWL at the Thomas Paine quote
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Old 07-15-2013, 03:45 PM   #15
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Default Re: Landowning: the main cause of wealth inequality

Quote:
Originally Posted by OldSkoolball#52
That's why a place like Texas has it right, and a place like California with its liberal retards has it wrong.

Prop 13, which capped property tax, is haunting them to this day. Because the land value portion of the property tax has basically no bad effects on the economy it's by far the best tax we have. But since they capped property tax, land values have skyrocketed, giving landowners unsustainable free handouts, while at the same time forcing California to levy economically destructive taxes for funds.

Quote:
In Texas, there is no state income tax, but property taxes are higher on average. This allows everyone to keep what they earn, but discourages people from just buying up excessive land they're not actually gonna use. That's pretty sensible. But hippy losers in California think they're being super sensitive and progressive if they tax the big evil job-creating businesses and using the money to dole out welfare to anyone who comes along and asks for it.

You should look into the land value tax. The proposal is to tax close to 100% of land's rental value and eliminate ALL taxes taxes on income and sales. That people are focused so much on taxing income and sales is ridiculous when there are much, much better options. The problem is that in the US 5% of the population own 95% of the valuable land and the ones who control the politicians are in that 5%.

Last edited by Königspinguin : 07-15-2013 at 03:50 PM.
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