Floyd Marinescu
@floydmarinescu.bsky.social did:plc:6dg2us4stowixubvrk4nm4p5
CEO & Co-founder @infoq.com & @qconferences.com Founder @ubiworks.bsky.social, @commonwealthcanada.bsky.social | advocate for basic income and sharing common wealth Into health, wealth (economics), knowledge of Self. floydmarinescu.com
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Floyd Marinescu (@floydmarinescu.bsky.social) ist seit 16 November 2024 auf Bluesky. Das Konto hat 1.071 Follower, folgt 30 Konten und hat 312 Posts veröffentlicht.
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This realtor identified the right problem: land as a long-term investment. He circles around the solution, but never quite lands on it though. Land value tax solves this (replace taxes on income and building.)
Post anzeigenIf we want affordable homes, we must break our addiction to high and rising home prices, which come mostly from land values.
Post anzeigen"My paycheck goes straight to rent -- there's nothing left." How many Canadians see 50-100% of their income get sucked up by land rents and income taxes? We should untax work, and shift taxes to the rental value of land.
Post anzeigenCitygroup vice chairman said we should give 'mandatory equity' so everyone can participate in wealth creation. This is the path to building common wealth in the AI age.
Post anzeigenHouses depreciate over time, land appreciates. That means Canada's housing crisis is a land value crisis. If we tax land instead of incomes, we make housing cheaper and increase the value of our work.
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