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How has no comment in this thread yet mentioned Georgism or Land Value Tax? That is the solution to Landlordism
it’s really not tho, i’m sorry but all Georgism/ and value tax is/was a form of pre-marxist capital taxation.
or do you think that Property tax is stopping BlackRock as we speak?
Property taxes != Land value taxes
Further, it’s not a tax on capital; it’s a tax on land. It’s very explicitly designed to target land, as land has distinct economic properties that make it a prime target for taxation.
And yes, it does target speculative investments like those of Blackrock:
https://osf.io/preprints/osf/54q68
!justtaxland@lemmy.world
A land value tax is a good tool to help ease the transition away from landlords, but it alone is not enough.
Regardless, we definitely should be primarily relying on LVT for government income.