Please knock it out of the park.

Well, you, you think I'm gonna say land value tax would fix this, but I'm gonna say something that might surprise you a little.

The policy playbook we need comes from the far exotic hinterlands of New York City in the 1920s.

Like New York City in the 1920s already had like a good playbook for this.

So first of all like, um...

Well, first of all, it should go without saying that they should just make property taxes equal and uniform.

That would move you in a net land value tax direction just by repealing the anti-land value tax they already have in place, you know? So they should do that for starters.

Uh, Lars?

And then, you know, where should we be looking at to find success stories of land value taxing?

google which is apparently not a a location that the author of that works in progress piece has visited because if he had he would have found multiple contemporary successful examples of lvt that were implemented at the exact same time as the one failed example in the uk which is what kind of boggles my mind vancouver british columbia was not just an example so so so Backing up, this works in progress piece comes out that talks about a genuine failed land value tax push in the UK.

And there's all kinds of reasons for it.

And people point fingers.

But like, let's just bite the bullet.

It failed.

You know, was it sloppy implementation? Was it like, you know, did they get did they get screwed by political opposition? position? Has the UK been by for and of the landlords since time immemorial? Like, yes, but it failed.

So what's

I'll kick it over to Lars to quickly introduce himself before we jump into it.

Yes, besides my biography that Ibrahima just gave, my background is I've been a lay value tax researcher for the past several years.

I actually had some of my origins actually in this very community in the Henry George School of Social Science.

I became convinced that land valuation was a very important part of actually investing getting things done politically.

And in order to do that, I was looking around for anyone who could maybe teach me something about that.

And I heard this guy, Ted Gwartney, was going to be giving a series of lectures at this place called the Henry George School of Social Science.

And so I signed up for some seminars.

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Mm.

So that instead of having to send every letter of this podcast over to you by carrier pigeon, I can instead send it to you in real time through modern telecommunications.

Land is also required to do anything.

You cannot eat, sleep, work, or even poop without access to a location on Earth to do that thing.

And here's the kicker.

If you do any of those things I just said in land you are not authorized to access, very bad things will happen to you, you know? Up to and including you being executed and killed, right? Certainly arrested.

Like, you can get arrested just for sleeping on a park bench in the wrong part of town at the wrong time of day, or at all, right? And, um, in this sense when we say that land is interesting because it has certain features that capital in general does not.

Mm-hmm.

feel it.

And assessors are human beings.

There's good ones and there's bad ones.

But they do a kind of thankless job.

They get literally chased off of properties with guns and dogs.

And nobody likes them.

They get all the blame.

Yeah,