Harberger Tax
AI summary of the linked articleA blog post by Steve Randy Waldman, as quoted in this discussion, presents the Harberger tax as a way to address NIMBYism and artificially low property tax rates. Under the scheme, owners would declare a price at which they commit to sell the property and pay a legislatively set percentage of that price as tax, so the price they declare limits what alternative users would have to pay to gain access. The post notes that Posner and Weyl describe essentially the same scheme in Property is Only Another Name for Monopoly, tracing it to a 1965 paper by Arnold Harberger. The author notes the idea is growing in popularity in the Ethereum world, and the author sees it as a mathematically grounded alternative to the ideological split over land-value taxation. |
1 comment  timSubmitter Many people new to the idea of partial common ownership say: „cool idea but this isn‘t really useful, is it?“ But actually, for limited, non-fungible goods where monopolization gives pricing power, Harberger taxes are, in fact, an amazing policy tool that should be tried: https://github.com/attestate/hdmap?tab=readme-ov-file#why-would-anyone-want-to-own-this |