« prev   random   next »
1   Patrick   ignore (0)   2019 Sep 3, 7:31am     ↓ dislike (0)   quote   flag        

I'm a fan of Henry George.

He really hit on the essential issue: non-productive rent-seeking. That is, attempting to capture wealth without creating any new wealth.

And the solution: do not tax labor or commerce, tax only non-productive rent-seeking.
2   APOCALYPSEFUCKisShostikovitch   ignore (43)   2019 Sep 3, 2:54pm     ↓ dislike (0)   quote   flag        

Why do you hate success?
3   OccasionalCortex   ignore (4)   2019 Sep 4, 5:12pm     ↓ dislike (0)   quote   flag        

Patrick says
hat is, attempting to capture wealth without creating any new wealth.


Look up Tullock Paradox. You'll love that one.
4   OccasionalCortex   ignore (4)   2019 Sep 4, 5:15pm     ↓ dislike (0)   quote   flag        

Patrick says
tax only non-productive rent-seeking.


That means that politicians and their campaigns need to be taxed then, as running for office is the ultimate expression of non-productive rent-seeking, after all.

Trump is an exception, because he was already a billionaire and certainly isn't doing what he's doing to profit himself at a level worth all the crap he's taking from it.

about   best comments   contact   one year ago   suggestions