Yeah, that's working real well.
I've told you several times what I would do. I would have a floating acreage tax rate, adjusted daily to the third significant digit, to the point where 1 tenth of one percent goes unsold. An equal rate sea to sea due on the yearly anniversary of the purchase. When a person can't pay the rate, or doesn't want the land anymore he/she/they can sell it. This would ensure there will be cheap land to anyone who wants to start a business.
You really don't understand land.
Let's try this: Location, Location, Location.
Just one of the things which makes land valuable, and desirable.
Mineral and other resources can do so also, but regardless of the resources, if they can't be extracted and delivered to market profitably, then the land is not economical, no matter how much business sense you have.
Despite your land allocation scheme, I think we can both agree we need one hell of a lot less government. That alone would be significantly cheaper. It is only the growth of government far beyond its Constitutional boundaries that has led us to the point where there will be major economic hardship.
Socialism, including the Ministry of Land Allocation, is not something I want for me or my descendants.
Yeah, that's working real well.
It would if it were the only tax.
You really don't understand land.
I understand people like you who inherited it think they have a permanent right to it and shouldn't have to compete for it.
Let's try this: Location, Location, Location. Just one of the things which makes land valuable, and desirable. Mineral and other resources can do so also, but regardless of the resources, if they can't be extracted and delivered to market profitably, then the land is not economical, no matter how much business sense you have. Despite your land allocation scheme, I think we can both agree we need one hell of a lot less government. That alone would be significantly cheaper. It is only the growth of government far beyond its Constitutional boundaries that has led us to the point where there will be major economic hardship. Socialism, including the Ministry of Land Allocation, is not something I want for me or my descendants.
You call market-based land auctions "Ministry of Land Allocation". Like I said you inherited it, you think you have some kind of blood right to it. A better system would be to have land owners use their business sense to keep the land they inherit. You think the rest of the country are your serfs, there to be the "hired hands" forever. Your posts consist of your rationale of why you shouldn't have to pay taxes whereas factory workers, mineral extractors, everyone else should. That's exactly one of the states-of-mind that is contributing to the upcoming crash, everyone vying to change laws so that the other guy has to pay the way. I say we all pay the same, from sea to sea. And have a system in place where a person can buy land and start a business cheaply. And a system where a factory-working family can build their first house on their own piece of land without going into extreme debt for 30 years. Make land owners stay on their toes. If they don't have the skills or the drive to do so, then the market will decide that someone else should take over.
Anyway, like I said, the same rate from sea to sea would drive down the rate on more productive land relative to the profits from farming, so if a farmer can't stay in business under that system he has no business controlling a huge chunk of land in the first place. This system I support is, like I said, just to make sure someone doesn't squat on a piece of land their whole life without putting it to use in the market. A liberal disability recipient fraud could own a million acres and without an acreage tax his net contribution to the economy would be negative.