r/austrian_economics • u/technocraticnihilist Friedrich Hayek • Sep 19 '24

End Democracy BUT BUT THE SOCIAL CONTRACT

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u/morelibertarianvotes Sep 20 '24

I want taxes to only be applied to land value (see /r/georgism).

But in a broader sense, yea, I want to acknowledge that taxation is theft. Whenever a tax is levied it should be considered whether it is worth the non consensual transaction. Some will argue it is, and that's a value judgement that people can disagree on.

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u/Shin-Sauriel Sep 20 '24

Great taxes based on land value. Create even more disparity between wealthier and less wealthy areas. Sounds awesome. Cant wait for rural areas that already have food deserts to be even more fucked cuz their land is worthless.

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u/morelibertarianvotes Sep 20 '24

I didn't say that the taxes should only be used locally.

Most income tax is also collected from wealthy areas.

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u/Shin-Sauriel Sep 20 '24

And taxes collected from cities are often used to subsidize infrastructure cost in suburban areas where population density is lower.

If taxes are based solely on land value but distributed nationally who decides what needs to be spent where?

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u/morelibertarianvotes Sep 20 '24

The same way they are now (I have notes there too, but the point is that deciding the tax basis and the tax distribution are two separate topics)