Re: Is there an (objective) definition of wealth?

royls_at_telus.net
Date: 07/20/04 

Date: Tue, 20 Jul 2004 18:46:43 GMT

On Tue, 20 Jul 2004 15:56:56 GMT, Johnny 5 <johnny5@yahoo.com> wrote:

>>>If one has more consumables, then they can invest
>>>more. If a slaveowner has his slaves pick all his food, then the
>>>slaveowner can build a nice mansion.
>>
>> We don't have any slave owners now.
>
>Yes we do, and BUsh just told me in Tampa we have 17,000 slaves right
>here in America, but I went to el paso and alberquerque and I think his
>numbers are too low.

They are kidnap and extortion and unlawful confinement victims, not
slaves. They are legally crime victims, not property.

>>>If there exists land A, serf A
>>>and landbaron B, then should if A creates a robot for the landbaron to
>>>also work the fields, then the serf will have to work extra hard, for
>>>robot is competing for him with his labor. An artificial
>>>overpopulation to consume scarce resources... That the serf did not
>>>pursue the post-robot era work to start with testifies to its lessor
>>>economic worth, which means the serf will have to work extra hard. It
>>>gets real fun when the robots start making more robots, thus making
>>>the peasent insignificant in the eyes of the landlord.
>>
>> Incomprehensible.
>
>You need to go into walmart ROY L, and look at all the poor cashiers
>working their now, RFID is gonna obsolete that slave - take a picture - 2
>years from now walmart will have STOCKERS but the cashiers wont be the
>number they are today. When the robots get good enough to stock, wont
>need the stockers either.

So? Farmers don't need farmhands to drive their oxen around the
fields anymore. I don't notice anyone starving as a result.

>> By a secret, complicated method you cannot possibly understand:
>> looking at whether they have land or not.
>
>People who dont pay property taxes have no land, people that do pay taxes
>that pay for the gubbment, have land, problem solved.

Property taxes pay for very little of government, but the economy,
quality of life, etc. tend to be better where property taxes pay for
the largest fractions of government, and worse where they pay for less
of government.

>What are you
>trying to fix?

Too little of a good thing.

>>>If there is no private ownership of land, then who do you tax?
>>
>> Those who want to _use_ the land.
>
>In waycross - NOBODY, land does not pay tax, people pay tax.

That's one problem: if you tax improvements as well as (or instead of)
land, and the tax exceeds the land rent as a result of changes in
local conditions that are not reflected in assessments, the property
tax can become very damaging.

>>>So how much of that production do you determine to be taxable?
>>
>> The rent.
>
>Already being done,

Nope.

>I see no way you can prevent the corruption already
>established in my old town with anything you propose.

Corruption feeds on institutionalized injustice. Remove the
opportunity for unearned land rent income, and the corruption that
depends on it goes away.

>>>So the community will pay taxes to itself?
>>
>> The users will pay taxes to the community.
>
>We owe it to ourselves.

No.

>As the USERS die or move away, you need to let
>the local gubbment die - excessive gubbment killed rome - according to
>the CATO boys.

They got it wrong. It was not taxing the lands of the rich that
killed Rome, no doubt about it.

>>>What determines who is the most productive user?
>>
>> The rent they are willing and able to pay.
>
>450 a month, too bad you need 650 a month as a landlord to be profitable
>in that city.

I would suggest you look at the rented properties in that city and see
what those landlords are doing right that you did wrong.

-- Roy L

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