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0 pointsethanbond3y ago0 comments

Eh, this would discourage investment. Investment is important.

0 comments

By the same logic, taxing sweat-of-the-brow income higher than capital gains discourages labor. And, between the two, labor is clearly more important.

ethanbondOP3y ago

It sure does, which is why we should tax land instead. :) No level of taxation on land value will prevent the land from materializing and being usable.

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0 pointsethanbond3y ago0 comments

Eh, this would discourage investment. Investment is important.

0 comments

int_19h3y ago

By the same logic, taxing sweat-of-the-brow income higher than capital gains discourages labor. And, between the two, labor is clearly more important.

ethanbondOP3y ago

It sure does, which is why we should tax land instead. :) No level of taxation on land value will prevent the land from materializing and being usable.

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