Comment Re:Adoption vs. Selling (Score 2, Insightful) 172
"HUUURRRR DUUURG adoption is BAD becuz the GOVERNMENT fucks it up!"
Employment is not slavery.
I don't think you two are going to settle that argument any time soon.
You just don't get it - people talk here on Slashdot because they are tired of Wikipedia bureaucratic fights. They don't want to get involved because they've been wounded before and don't want to get shot at again.
I used to work at a soup kitchen, but I got tired of all the beaurocracy. Once I made a pot of soup that didn't meet their byzantine sanitation requirements, and they threw it out! An insult to my perfect cooking! Screw that.
Problem is you are basically tying your nation's ability to tax to a single cyclical industry (real estate) instead of the entire economy. Works great when the real estate market is hot and tax revenues crater massively when the real estate market cools off. Asset price bubbles become a HUGE problem.
The problem of real estate bubbles and cyclical prices is in part because land is taxed so little. With a land value tax (or to a lesser extent normal property taxes), people buy less property just for speculation, and buy more to do something actually productive.
I'm always looking for a new idea that will be more productive than its cost. -- David Rockefeller