Travis Adams @SingleTax

Boot straps for thee, too big to fail for me. Hampton, VA Joined December 2021

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Travis Adams @SingleTax

a day ago

@ChrisMartzWX @RckyMtnBckpckr "Cause reasons".

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Travis Adams @SingleTax

a day ago

@ChrisMartzWX @9Sling Then move.

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Travis Adams @SingleTax

a day ago

@ChrisMartzWX It doesn't require it, but it has it. You're free to move far away from people such that you don't derive any benefit from the community.

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@ChrisMartzWX Said another way: when you buy clothing, you buy an output from the factory, but the factory owes you no further obligation. Land is more like buying a subscription with the factory for shirts/year.

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Travis Adams @SingleTax

a day ago

@ChrisMartzWX It is incorrect to compare it to clothing, as the benefit provided by land from which it's value is derived is a benefit that is provided continuously over time, so a per time tax is appropriate.

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Travis Adams @SingleTax

2 days ago

@CBancos @jasonc_nc This applies not just in the aggregate, but also at the lot level. This idea originally came from Mason Gaffney talking about how ultra tall skyscrapers were the result of deferring development and then all development pressure getting focused in a single location.

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Travis Adams @SingleTax

2 days ago

@Captain_C2 @alisha_hg Nice rage bait.

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Travis Adams @SingleTax

2 days ago

@OpinionatedMeme @wokal_distance But the unrealized value of your house accounts for all the services AS WELL AS all the other stuff that the location provides, which the owner benefits for, and would be getting for free if property tax didn't exist.

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Travis Adams @SingleTax

2 days ago

@bobbyfijan @Diplomatt42 Or maybe, we don't spend very effectively on education, might be better said.

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Travis Adams @SingleTax

2 days ago

@bobbyfijan @Diplomatt42 I know this isn't directly your point, but we spend far too much on education.

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Travis Adams @SingleTax

2 days ago

@OpinionatedMeme @wokal_distance And because of local economic conditions, which also vary spatially.

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Travis Adams @SingleTax

2 days ago

@OpinionatedMeme @wokal_distance But that's wrong. The cost to provide the service matters locationally, both because of physics (the farther you live from the fire station or from the source of the water or electricity, means more infrastructure requires to supply it to you)

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Travis Adams @SingleTax

2 days ago

@McClellandRuss @wokal_distance I know it's 140 characters but you're allowed to communicate in fully formed thoughts.

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Travis Adams @SingleTax

3 days ago

@OpinionatedMeme @wokal_distance When you say "cost divided by total households" that's a LTV argument. The value of those services is equal to the demand, not cost/users. It's just that the people who supply the services aren't the people who benefit when your house gets sold.

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Travis Adams @SingleTax

3 days ago

@OpinionatedMeme @wokal_distance But "how much you and I are willing to pay for it" is baked into the value of your home. There is a reason why land in the city is more expensive than land in the country. It's those goods and services.

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Travis Adams @SingleTax

3 days ago

@McClellandRuss @wokal_distance It might, but figuring that out would be silly. Instead, we just take the total demand for the house (price) and tax some percentage of that on a regular basis. That captures all of the little bits and pieces of why someone might want to live there versus somewhere else.

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Travis Adams @SingleTax

3 days ago

@TBradleyNC I've come to see urban revitalization as much more of a problem than I really understood previously.

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Travis Adams @SingleTax

3 days ago

@jchris194 @wokal_distance "The maintenance is not that expensive" Do you think these things get built once and then just get maintained forever? Most of our infrastructure is well past replacement age.