Since so much of land value is in downtowns, in a theoretical shift to land value tax, most of the increased land value revenue would come from vacant and underdeveloped parcels downtown. The median tax burden on single or multi family homes would actually be reduced. An example is this model of Spokane: https://landeconomics.org/reports/spokane-report#:~:text=sin...
And a lot of the time, it’s those truly rich people who own those vacant/underdeveloped parcels in downtowns.
those who advocate for land value tax are usually advocating for single/minimal types of taxes (and, in fact, against sales and income taxes) rather than a cocktail of them. "Single Tax" predominantly refers to a single land value tax. https://en.wikipedia.org/wiki/Single_tax
My point is that a single land value tax would have the same effect as piecemeal improvements to current tax portfolio - none of it would fix the inertia already priced and baked into the system.
If you're participating in a conversation between adults in the 21st century, yeah. We've got a word for it, even if it's like garlic to the private equity vampires on this website.
yeah, while gpt-6 is impressive, is it really as impressive as people thought it would be back in the times of gpt 3.5 or 4? let alone "omg ai acceleration agi" levels of impressive?
> i don't doubt they're pushing for using AI for that, but i'm curious of examples of where they're doing this. commercials, ads, etc.
You just be living under a rock. Not do long ago Sam Altman was floating this fantastic usecases for AI was to have it explain to you your kids interests, and have it create a podcast for you to be able to keep in touch.
And a lot of the time, it’s those truly rich people who own those vacant/underdeveloped parcels in downtowns.
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