Rich Nymoen

President, Common Ground USA

[Andrew Damitio 🏗️ (🏬🚝☢️🔆🔋♨️) @AndrewDamitio]

In 2019, Portland State University, with help from @CG_OR_WA simulated the effects of a land value tax in the Portland area relative to existing property taxes, analyzing who would pay more or less, and what the effects on land use would be.

Thread:

https://t.co/nLnPsyzbHl

[Common Ground USA @CGUSAOfficial]

All we want for Christmas is a land value tax!

[Rich Nymoen @rnymoen2]

@CGUSAOfficial Merry Christmas!

[Common Ground USA @CGUSAOfficial]

Do you want to advocate for a more economically just society? Volunteer with us! https://t.co/ytSwfpRXgc

You can also find us on Discord: https://t.co/SaSNS8zHkw

[Common Ground USA @CGUSAOfficial]

The tax upon land values is, therefore, the most just and equal of all taxes... It is the taking by the community, for the use of the community, of that value which is the creation of the community.

-Henry George

[Common Ground USA @CGUSAOfficial]

Labor and capital are both constrained by access to land. Both face a dual burden of rent and taxation. A shift to land value taxation benefits worker, investor, and business owner. Implement #LVT for a more prosperous and equal society.

[Common Ground USA @CGUSAOfficial]

Upzoning and even social housing programs only treat the symptoms of this issue. Until the common right of mankind to the land is recognized through land value taxation, this problem can only be ameliorated, not solved.

[Common Ground USA @CGUSAOfficial]

Inflation serves as a tax on renters, whose incomes are eroded, while subsidizing landowners and speculators, whose land prices increase. A key part of making an economy that works for everyone, with inflation or without- is shifting taxation to land value.

#LVT #inflation

[Scottish Land Revenue Group 🔰 @agr_slrg]

Tax reform needed.
Most money pumped into the economy over last 2 years will be added to the the price of landed property. Much of the rest will go to offshore accounts of suppliers of Covid equipment. Gov spending will also swell GDP without featuring in inflation calculations.

[Electric Elephant @ElecElephant3]

As usual, landowners are the winners. Their investments will only ever go up in value as the poor struggle more #georgism #LVT

[Common Ground USA @CGUSAOfficial]

Parking lots are the classic example of the kind of wasted space- often speculative- that land value taxation can solve. (See Georgist Donald Shoup's "The High Cost of Free Parking)Implement #LVT for healthier, more environmentally friendly cities.

[Prosper Australia @Prosper_Aust]

Like any market that enjoys scarcity rents, all that loose money has done wonders for asset owners.

[Common Ground USA @CGUSAOfficial]

Land value taxation for environmental preservation

#LVT #environmentalism

[Common Ground USA @CGUSAOfficial]

Rentseeking and land speculation hurt everyone. Untax the working class and tax unproductive economic rents with a land value tax to spur economic growth and fight inequality.

#LVT #Georgism

[Phillip J Anderson @Phil_J_Anderson]

Expect to see a lot more reporting like this

https://t.co/VuxGSPkJDX

to drive the FOMO. And get us 'all in' by 2026.

[Scottish Land Revenue Group 🔰 @agr_slrg]

Banks will be of no use in avoiding the devastating crash scheduled to follow the 2026 house prices peak.

[Common Ground USA @CGUSAOfficial]

Part II of @larsiusprime's breakdown of LVT: "Can LVT Be Passed to Tenants?"

Hint: it can't ;)

https://t.co/PRgwFuNtoF

[Scottish Land Revenue Group 🔰 @agr_slrg]

We propose immediate action to:
🙂 increase net wages and profits by a quarter
😀 increase public service funding by one third
😃 reduce house prices by half
Three good reasons to replace wage and trade taxes with AGR (Annual Ground Rent).

[Prosper Australia @Prosper_Aust]

If anyone knows the creator of this meme, let us know so we can tag them! Love it #georgism #landvaluetax #landtax #LVT

[Scottish Land Revenue Group 🔰 @agr_slrg]

"Levelling up" can only be achieved by sharing the rent of a country's land and natural resources with its producers.
That means collecting and sharing half of GDP with everyone in the form of properly resourced public services.