Lyin' Ryan: a dishonest crackpot, pure and simple
- From: royls@xxxxxxxxx
- Date: Wed, 04 Apr 2007 06:12:09 GMT
Lyin' Ryan wrote:
"No, it's quite easy to define. The value of
something is the best price it could be sold for."
I thought that we were talking about the Georgist
concept of "rental value." What does the "best
price" something could be sold for have to do with
the Georgist concept of "rental value"?
Rental value is the best price that temporary exclusive use and tenure
of the land could be sold for.
"If the landowner doesn't want to pay the tax, he can
sell the land to someone who does."
The Georgist proposes to tax away the totality of
the "rent," which is a number he will arbitrarily
proclaim,
Lie. It is the best price people will _voluntarily_ pay for exclusive
use of the land.
inasmuch as it is a number that cannot be
defined objectively.
Already disproved. Like many objectively real scientific quantities,
(wind load on a building, for example), land rent can be _defined_
objectively, just not _determined_ objectively.
The uncertainty of the situation
will lower the price the landowner could possibly
obtain to get the money to pay the tax.
?? The only way he is going to get the money to pay the tax is by
using the land productively, or by subletting the land to someone who
will. You have just chosen to keep yourself permanently ignorant of
the fact that all risk premiums ("uncertainty") of the situation are
already fully accounted for in the market rent.
"By definition, any kind of tax - including the
income and sales taxes of which you are such an
enthusiastic defender - is confiscation."
By whose definition is that?
Good point: all taxes _other_than_ taxes on economic rent are
confiscation; however, a tax on economic rent is _not_ confiscation of
anything, but merely the _recovery_ of publicly created value for the
purposes and benefit of the public that creates it.
By the way, why do
you think I am an "enthusiastic defender" of those
specific taxes?
Maybe your false claims that income is an objectively measurable
quantity that is available to tax...?
The confiscation I am referring to is
the imposition of an impossible to pay tax on
property owners,
?? Wrong, as always. LVT is not impossible to pay by definition,
because land rent is the maximum sum anyone _willingly_ pays for the
economic advantage of using the land.
LVT is only impossible for _you_ to pay, because you are too stupid
and dishonest ever to use any land productively enough to pay the rent
on it. You seem to be intelligent enough -- barely -- to obtain
income by _ownng_ land (after all, the comatose can do that...), but
are obviously not intelligent enough ever to make any money by
productive effort or astute capital investment. That is why you hate
and fear LVT so irrationally, even maniacally: you know that under
LVT, your income would be limited to what you were able to earn by
your own merit, as measured by your contributions to production of
goods and services: i.e., 0.
which will have the effect of
requiring them to cede their property to the taxing
authority.
"Their" property? No, the only thing they might cede to the taxing
authority is the land, which could never rightly be their property in
the first place. What is rightly their property -- the improvements
-- they would sell at an agreed price to the next, more productive
user.
-- Roy L
.
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