Reply to post: Re: Land Value Tax and Citizens Income combined

Universal basic income is a great idea, which is also why it won't happen

Anonymous Coward
Anonymous Coward

Re: Land Value Tax and Citizens Income combined

How do you stop cheating, though? Landholders will simply find ways to dodge their ownership, probably transfer them over to foreign holding companies where the taxing country has no influence due to sovereignty. As for subsidies, they could use more tricks to say they don't really own the land and need the subsidies. Could act in cartel and threaten to stop crops. Any kind of mass revolt of resources can send a government into a panic.

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