The European Tribune is a forum for thoughtful dialogue of European and international issues. You are invited to post comments and your own articles.
Please REGISTER to post.
That may be the case for Hong Kong, but their system is defective in many ways: it just happens to monetise (indirectly via the government as intermediary) far more land value than virtually anyone else.
Which I think is a Good Thing tax-wise.
What I am proposing is essentially a loan direct to the land, not to the owner.
The difference is that in this loan, no money is paid for the use of money, but rather, money is being paid for the use of the capital invested in a particular location, both publicly and privately.
I can demonstrate conclusively that - as should be intuitively obvious - a funding cost that does not include compound interest is lower than one which does.
Also, I think that a currency redeemable in payment for such a rental payment would be generally fungible in a location.
"The future is already here -- it's just not very evenly distributed"
by aquilon - Mar 10 35 comments
by epochepoque - Mar 7 11 comments
by Cyrille - Mar 8 1 comment
by afew - Mar 7 36 comments
by DoDo - Mar 10 16 comments
by ARGeezer - Mar 10 6 comments
by marco - Mar 3 43 comments
by maracatu - Feb 25 13 comments
by Democrats Ramshield - Mar 12
by gmoke - Mar 10
by ARGeezer - Mar 106 comments
by aquilon - Mar 1035 comments
by DoDo - Mar 1016 comments
by Cyrille - Mar 81 comment
by epochepoque - Mar 711 comments
by afew - Mar 736 comments
by Oui - Mar 562 comments
by Oui - Mar 413 comments
by marco - Mar 343 comments
by vbo - Mar 124 comments
by Oui - Mar 11 comment
by Oui - Mar 13 comments
by Metatone - Feb 287 comments
by vbo - Feb 27110 comments
by gmoke - Feb 263 comments
by vbo - Feb 25102 comments
by maracatu - Feb 2513 comments
by Oui - Feb 2439 comments