Social democrat/Georgist, concerned about poverty, inequality and climate change. #Georgism #LVT #CarbonTax #BasicIncome #M4A
Joined April 2015
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Georgist Joe 🌹🔰 retweeted
it’s funny that people say that high speed rail in Texas is a “land grab” when entire neighborhoods were bulldozed to build monstrosities like these
Georgist Joe 🌹🔰 retweeted
Alaska has had a small annual universal basic income since 1982. You might think it has only increased prices but every year when the checks go out, businesses compete for customers by lowering their prices. It has decreased poverty there. It's also increased overall employment.
Georgist Joe 🌹🔰 retweeted
We advocate for a future where natural and publically created wealth is better shared via dividends and land value tax -- to reduce the cost of living, protect the commons, and ensure progress benefits everyone.
Floyd explains why we're on this mission.
Georgist Joe 🌹🔰 retweeted
Kind of frustrating how cities will occasionally create these great shared public places for folks to hangout (simply by excluding cars from a few streets) for big sporting events, but usually IMMEDIATELY rededicate the space for automobiles instead of doubling down on success.
Two years ago when the @celtics were in the NBA Finals, ‘Copley Connect’ turned Dartmouth Street into a pedestrian plaza and a watch party actually made Copley Square feel like a true, lively, active public space.
Georgist Joe 🌹🔰 retweeted
Housing Twitter, it's time to pull the big Tax Policy lever!
Whether it's land value tax, accelerated depreciation, tax credits & deferrals, or taxing the rich to build public housing, there's a lot that can be done with it.
ALT a big machine shaped like a city skyline of houses and apartments labeled Housing Production. There are three small levers, labeled Zoning, Rent Control, and Impact Fees. Several people are fighting over the Zoning lever, one person is pulling at the rent control lever, one person is pointing at the Impact Fees lever while another person holds it in place. On the right is a giant lever labeled Tax Policy that is collecting cobwebs.
Georgist Joe 🌹🔰 retweeted
Investors out, first time buyers in. The power of a land value tax shift.
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Georgist Joe 🌹🔰 retweeted
Local governments should see LVT as a way to recoup public investment dollars — "a free tax revenue card" — that doesn't harm the economy.
We could have more public transit that pays for itself from the land value it creates in the first place.
Georgist Joe 🌹🔰 retweeted
Alternative headline: amid a California-style housing shortage, states rush to repeat California's worst mistake.
With home prices up more than 50%, some states try to contain property taxes apnews.com/article/property-…
Georgist Joe 🌹🔰 retweeted
Monopoly pays a UBI so every player has liquidity to participate in the economy.
The inventor Liz Magie originally named it "The Landlord's Game" to show how privatizing land wealth drives extreme inequality and poverty. One set of rules showed how land value tax solves this.
Georgist Joe 🌹🔰 retweeted
"Universal Basic Income (UBI) finds its historical origins in the writings of Thomas Spence, Thomas Paine, and Henry George, who all argued for an equitable distribution of the planet’s natural resources, and especially to land. This principle can be actualized by charging landowners a recurrent land value tax (LVT) and redistributing the revenues through a UBI, a symbiotic relationship that we call the Universal Land Dividend."
For part three of our homelessness series we touch on local housing costs, solutions via a land value tax, and the merits of redistributing land values through a universal basic income.
Read more here:
schalkenbach.org/universal-l…
Georgist Joe 🌹🔰 retweeted
London’s new Elizabeth line moves almost twice as many people per day as the 28-lane Katy Freeway in Houston
highways are simply not an efficient way to move a lot of people in an urban area
Georgist Joe 🌹🔰 retweeted
Canada's natural resource rents should pay dividends to citizens. Instead, most of it is lost.
In Canada, there's over $240B/year of land & resource rents that could be invested in sovereign wealth funds or fund a $7,500/year universal dividend to all.
Georgist Joe 🌹🔰 retweeted
Letting inequality grow more and more extreme within a system where we treat housing as an asset class is a really bad idea. We all need housing. We can't just let the rich continually bid against each other on housing. We need a land value tax plus UBI to alter this equation.
Georgist Joe 🌹🔰 retweeted
A Universal Land Dividend (UBI funded by land rents) could leave 80% of Canadian households and 70% of UK households with more income, while addressing the housing crisis.
If you support UBI or LVT, here's why they're even better together:
schalkenbach.org/universal-l…
Georgist Joe 🌹🔰 retweeted
97% of money was created by commercial banks as loans, mostly to buy existing assets like land.
The result is a vicious feedback loop of ever-rising land prices and ever-increasing mortgages, trapping Canadians in lifetimes of crushing debt. Land value tax is a circuit breaker.
Georgist Joe 🌹🔰 retweeted
A half-block away from 6 subway lines in Queens, a parking lot pays $954,000 in taxes/acre, while an apartment building across the street pays $3.75 million/acre. If the parking lot were apartments, it would generate enough property tax revenue to hire 19 teachers annually.
ALT Parking lot in Red Square and apartments on the other side of the road are in a yellow square
Georgist Joe 🌹🔰 retweeted
The moment private land ownership became a thing, universal basic income became a right. When we decided to become the only species on Earth who had to pay to live here, we removed free access to land. It must be recompensed with an income for life in exchange for what was taken.