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Land Value Tax does this with effectively zero enforcement complexity and across all forms of communal wealth creation (which ultimately gets baked into land values).

by barumrho1 hours ago|

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Could you explain this? I thought the idea of Land Value Tax was that the value of land gets taxed regardless of how much value is generated by use of that land. (e.g. a vacant lot is taxed the same as a lot with rental properties built on top given everything else equal.)

by bryanlarsen1 hours ago|

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Data centers use small amounts of cheap land.

by s1artibartfast1 hours ago|

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No it doesn't. Land tax doesn't target data centers, which usually want cheap land.

Further, when land taxes are passed down, they focus of physical goods and ignores IP and contract value. This means they are more flatly distributed throughout the population.

Third, many high return activities require almost no land. A stock trader or bank might make millions with the nanowatt of natural resources needed to flip a bit in a database. A plumber might need a lot of natural resources to fix your toilet

by smallmancontrov1 hours ago|

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"Datacenters" is needlessly narrow -- as capital eats the world, we need to tax capital. Simple as.

We already tax houses, and by comparison stocks are more liquid than a firehose and easier to value than a $2 bill. There is no excuse.

As I have grown my small business, I have come to an appreciation for how comically lopsided the tax code is to push all of the taxes out of the invest/return economy and into the work/consume economy. It's really quite something. Anything to avoid the right side of the Kuznets Curve!