embedded machine learning research engineer - georgist - urbanist - environmentalist

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Cake day: June 22nd, 2023

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  • Fried_out_Kombi@lemmy.worldtoMemes@sopuli.xyzMonopoly
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    6 months ago

    It also had a second rule set where a land value tax was implemented, and the winning condition was when everyone made a minimum amount of money.

    A land value tax (LVT) is a levy on the value of land without regard to buildings, personal property and other improvements upon it.[1] It is also known as a location value tax, a point valuation tax, a site valuation tax, split rate tax, or a site-value rating.

    Some economists favor LVT, arguing it does not cause economic inefficiency, and helps reduce economic inequality.[2] A land value tax is a progressive tax, in that the tax burden falls on land owners, because land ownership is correlated with wealth and income.[3][4] The land value tax has been referred to as “the perfect tax” and the economic efficiency of a land value tax has been accepted since the eighteenth century.[1][5][6] Economists since Adam Smith and David Ricardo have advocated this tax because it does not hurt economic activity, and encourages development without subsidies.

    LVT is associated with Henry George, whose ideology became known as Georgism. George argued that taxing the land value is the most logical source of public revenue because the supply of land is fixed and because public infrastructure improvements would be reflected in (and thus paid for by) increased land values.[7]

    It’s just a stupidly good tax policy, and we should be implementing it in more places.

    !justtaxland@lemmy.world


  • Back when I was in my first year of uni, I applied for a part-time job on indeed. Found out it was a scam when they wanted to pre-pay me with a too-big check and have me transfer the difference to some other account. I noped right out of there.

    For those who might be unaware, the scam is they send you a fraudulent check, but it might take a few days to be discovered as such by your bank. But in the meantime, the amount shows up in your account and you transfer the money they tell you to (which is a legitimate transfer). Then, when the bank discovers the check was fraudulent, they remove the amount from your account, but you’re left high and dry because you can’t undo the transfer because the transfer you did was legit.




  • Yeah, this is a great example of why I make an effort to specify the government when criticizing countries. Russia’s invasion of Ukraine? I call Putin and his government evil but never the Russian people at large. China’s genocide of the Uyghurs? I call Xi Jinping and the CCP evil but never the Chinese people at large. Israel’s apartheid state and ethno-religious cleansing? I call Netanyahu and his government evil but never the Israeli people at large (and certainly not Jews at large).

    The allure of treating entire demographics or populaces as a monolith and blaming them for the crimes of their government is exactly why genocidal rhetoric is so dang pervasive, and I won’t abide by it.

    (Yes, I will also criticize civilians who actively support these crimes, but I make sure to be clear in distinguishing between them and the rest of the civilian population.)