Of course if we give everyone $200 more rent will rise by $200 / land costs will... | Hacker News

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		branchless on Sept 25, 2016 \| parent \| context \| favorite \| on: As Our Jobs Are Automated, Some Say We'll Need a G... Of course if we give everyone $200 more rent will rise by $200 / land costs will rise by the mortgage repayments. This is why we need land value tax.

_130o on Sept 25, 2016 [–]

I only have very basic understanding of LVT but I don't see how it is the magic variable that makes UBI make sense. Could you explain?

branchless on Sept 25, 2016 | [–]

I don't advocate ubi, lvt is enough. That's why ubi is under consideration and lvt gets nothing. Lvt kicks rentiers square in the nuts. Pow.

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