Re: From the rich. To the rich?

On Tue, 03 Jul 2007 02:53:32 GMT, "Dan in Philly" <djr8@xxxxxxx>
wrote:

You can use the monies for some government services, but I'd rather have no
city government at all, so all the LVT goes back to the people. So: who
'deserves' a greater share of the $$?

The city workers who perform the services and build the infrastructure
that create most of the land's value.

On land where the rent/tax is (say) 1000k$, some firms will barely be able
to pay the tax: so output = input and economic profit=0. But there will be
some more productive firms that can pay the rent and have extra $$ left over
(positive economic profits). THESE are the people and capital who are more
productive, and in turn they make adjacent land more produtive.

They may or may not make use of adjacent land more advantageous. You
have no way of knowing, and profit has nothing to do with it.

So they should receive the rebate.

Garbage, as proved above.

Bottom line: pay out the monies to people & firms in proportion to the
economic profit they generate.

As I have already showed you, there is no reason to do so: it is
neither fair nor economically efficient. You are just makin' $#!+ up.

-- Roy L
.