Sales taxes instead of property taxes

Jackofalltrades phil
Reply Thu 27 May, 2010 10:39 pm
exile;169699 wrote:
I think one can be extremely wealthy without owning a square metre of land. Land is of course very valuable in, say, cities such as New York or Tokyo. However land is only of value if one can derive an income from it.

The extreme naivety exhibited is amusing. It needs to be understood that all kinds of income like salary or profits or revenue comes from an initial investment in land and its usage.

It is the fallacy of the young world to be oblivious of the fact that almost all real capital existing in this world is out of land, and its notional and relative valuation.

Furthermore, a desert in the sahara has a value to the owners even if you do not derive an income out of it.
0 Replies

Related Topics

How can we be sure? - Discussion by Raishu-tensho
DOES NOTHING EXIST??? - Question by mark noble
Proof of nonexistence of free will - Discussion by litewave
morals and ethics, how are they different? - Question by existential potential
Destroy My Belief System, Please! - Discussion by Thomas
Star Wars in Philosophy. - Discussion by Logicus
Existence of Everything. - Discussion by Logicus
Is it better to be feared or loved? - Discussion by Black King
Copyright © 2020 MadLab, LLC :: Terms of Service :: Privacy Policy :: Page generated in 0.04 seconds on 05/31/2020 at 10:15:02