CappyNate🍁 on Nostr: Whoa, hadn't heard of Juuminzei. Nice find! Problem there is again, you need ID, ...
Whoa, hadn't heard of Juuminzei. Nice find! Problem there is again, you need ID, tracking who lives, people registration, etc. We're back to ID again. haha Also, tracking is super inefficient and bureaucratic (no matter who does it). Cheaper if avoidable.
But the basics of that theory remain. Property tax used for shared infrastructure and security. That's it. No other bullshit. Limited state.
Yes, we can privatize roads, but everyone is using them. Again, it's hard to bill out, too many shared contracts, usage fees, etc. So it's more efficient for a single entity to manage. Yes gov is usually more inefficient. But if that's virtually all they do, one would hope they could build a high performing culture.
I was thinking revenue billed by "house capacity" in residential cases. Say $500/bedroom. Simple. Billed by house capacity, NOT the number of people actually occupying. To avoid tracking.
But this solves a few problems. It prevents (or at least monetizes) excessive foreigner RE speculation which is common in new upstart states (Dubai for example). Also, it's SIMPLE. It's also fair and rewarding to efficient land usage (medium, high-density, micro homes, etc).
Commercial/industrial bill method, not sure totally sure. But NOT based on sales. Again, tracking. Needs to be avoided.
Fire Departments are so dumb. Subsidized risk. Residential sprinklers can stop 98% of fires. I wouldn't even offer a Fire Service. Put the onus on homeowner to use fire resistant/protective methods and reduce risk. Possible in an upstart state. Very limited FD for chemical/industrial type fires.
Huge topic. But I think if you fund society via property tax only, you can axe ALL other taxes. Axe Income tax, Sales/Consumption tax, Corporate tax, Capital gain tax, Tariff/duty/import tax, Payroll taxes, so on. All of these require TRACKING. Which creates that ballooning bureaucratic nightmare for gov and privates. Such a hidden inefficiency cost to society.
But the basics of that theory remain. Property tax used for shared infrastructure and security. That's it. No other bullshit. Limited state.
Yes, we can privatize roads, but everyone is using them. Again, it's hard to bill out, too many shared contracts, usage fees, etc. So it's more efficient for a single entity to manage. Yes gov is usually more inefficient. But if that's virtually all they do, one would hope they could build a high performing culture.
I was thinking revenue billed by "house capacity" in residential cases. Say $500/bedroom. Simple. Billed by house capacity, NOT the number of people actually occupying. To avoid tracking.
But this solves a few problems. It prevents (or at least monetizes) excessive foreigner RE speculation which is common in new upstart states (Dubai for example). Also, it's SIMPLE. It's also fair and rewarding to efficient land usage (medium, high-density, micro homes, etc).
Commercial/industrial bill method, not sure totally sure. But NOT based on sales. Again, tracking. Needs to be avoided.
Fire Departments are so dumb. Subsidized risk. Residential sprinklers can stop 98% of fires. I wouldn't even offer a Fire Service. Put the onus on homeowner to use fire resistant/protective methods and reduce risk. Possible in an upstart state. Very limited FD for chemical/industrial type fires.
Huge topic. But I think if you fund society via property tax only, you can axe ALL other taxes. Axe Income tax, Sales/Consumption tax, Corporate tax, Capital gain tax, Tariff/duty/import tax, Payroll taxes, so on. All of these require TRACKING. Which creates that ballooning bureaucratic nightmare for gov and privates. Such a hidden inefficiency cost to society.