> #BlindTrusts are illegal.
> Owning more than 1.00 homes is not permitted for more than 1 year. After 1 year home given to nearest resident.
> #PropertyDevelopers who in the past 10.0 years have built and sold a place greater than 1.00 storey above the average storey height in a 100m radius around such development are to relinguish other realEstate they own up to the value of that sale price. Such property goes to those who live closest to the offending development.
Go
Do they want to call it a "#BillionairesTax" rather than a #LandTax (most rich people own lots of #property/land, and in #BlindTrusts we might add) because…
…ultimately they want to use it to actually go after #cryptocurrency holders…
Who are *not* billionaires.
Tax the #landMonopolists and #breakThemUp (along with #BigTech, and #BigPharma).
"#LandMonopoly is the mother of all monopolies." ~ #WSChurchill
#doubleSpeak #freeSunEnergy #land #classWarfare #cloudflare #smokeAndMirrors
@yuki
Yes. We've been saying #NFT are #moneyLaundering for a while.
Govt need to start investigating people living a bit too comfortably. We would recommend investigating anyone investing in property since the #pandemicCrash.
BlindTrusts need to be illegal, and LandRegistries need to be #reNationalised (in 2017 they we leased to the #merchantBanker class for 30-99 years!! in #Australia).
@11235
#LandTax is supposed to be 15% of what you might get as #rent if you rented the property.
This is designed to spread the #tax load over the #extremelyWealthy, who have land that is a lot more #productive and/or in the expensive areas, when compared to most peoples' land.
Currently we are being forced to pay more because the extremely wealthy use phony #profitLoss statements, #blindTrusts, #taxhavens and other tricks.
There is a fairer system kept hidden.
@nerdman @kaikatsu @kino
If only there was a way to #tax #billionaires who secure wealth in #blindtrusts, #landHoldings, #investmentProperties they leave empty and #taxHavens...
Oh wait - its called #landTax!
#henryGeorge #landTaxOnRentalValue #emptyHomes #speculation #rentSeeking #rentseekingbehaviour #billionairesTax #millionairesTax #investment #capitalGains #negativeGearing #taxAvoidance #taxEvasion #bernieSanders #landTaxRentalValue #progressAndPoverty
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