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RE: Land Value Tax & Basic Income Already Exist, Just Not For Our Benefit

in #georgism8 years ago

It would be interesting to pose a system like that in a region of the world, a considerable space, in a way that allows us to appreciate how well it works in practice, and appreciate if there are indirect effects that we simply are not seeing. In general terms, I support that a reduction of taxes be carried out.

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As for land value tax of the sort I advocate, they already have it in Denmark and Estonia, but there's also lots of municipalities and provinces in other places that have land value tax.

In Alaska, in America, there is the Alaska Permanent Fund, which is a citizen's dividend. The payment isn't quite high enough to be considered a basic income, but in combination with Earned Income Tax Credit and tax refunds, it could be very close to a basic income for many people. There's actually a ton of basic income pilots. Here's a list of some (but not all of them): https://en.wikipedia.org/wiki/Basic_income_pilots
There's many basic income experiments going on, both public and private (some of them are crowdfunded or funded by private billionaires rather than governments). Basic Income Earth Network (http://basicincome.org/) is a good source of info on all things basic income, including pilots and expiriments.

Yes, my problem with these pilot programs is that I do not think they cover the whole aspect of a complete economy, so as to understand what the real impact would be, and what effects it would generate in the long term.