Quote:
Originally Posted by GeneCosta
Since land was not made by human toil, claiming any of it as your own is illegitimate UNLESS you compensate everyone else with a commonly-accepted standard. In modern economies that would be taxation, but I guess labor could substitute for money if the community decided it that valuable. As opposed to current property taxes which target improvements, the only item being taxed is land. Land where nobody pays taxes from is held in common.
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I don't know that it's done this way in all states, but here in Texas, all land that is not publicly owned, is taxed, whether that land is developed or not.
I own a few acres not far from Austin, and although it has literally no development at all except a fence around it (built by neighboring land owners) I still pay taxes. Granted these will go up if I ever develop that land in any way...
but, since I am paying something back to 'society', is this not compatible with this thery of 'geolibertarianism'?
is private land ownership really such a bad thing?