Alternatively, it would be easy to lower taxes in parallel with the increased revenue. The nice thing about taxes is that they are paid in dollars - meaning you can spend them all sorts of different ways ;)
Or if you want, "georgist" theory proposes lowering (improvement) property taxes/income taxes/capital gains taxes/sales taxes which introduce deadweight losses. A tax is fundamentally a disincentive so why are we disincentivizing working/building but not speculation? Plenty of room for improvement ;)
> which is a societal good. But it's not direct and short term like many of your other examples.
Excellent point! Reminds me of a certain climate-related topic ;) Again though - I think there is reason to be optimistic. Public awareness is gradually increasing[1], housing/zoning policy discussion is a hot topic these days, and young kids are volunteering/attending rallies at a higher rate than any previous generation[2]
Highly feasible!
https://www.commonwealth.ca/ < These guys propose a citizen's dividend/sovereign wealth fund
Alternatively, it would be easy to lower taxes in parallel with the increased revenue. The nice thing about taxes is that they are paid in dollars - meaning you can spend them all sorts of different ways ;)
Or if you want, "georgist" theory proposes lowering (improvement) property taxes/income taxes/capital gains taxes/sales taxes which introduce deadweight losses. A tax is fundamentally a disincentive so why are we disincentivizing working/building but not speculation? Plenty of room for improvement ;)
> which is a societal good. But it's not direct and short term like many of your other examples.
Excellent point! Reminds me of a certain climate-related topic ;) Again though - I think there is reason to be optimistic. Public awareness is gradually increasing[1], housing/zoning policy discussion is a hot topic these days, and young kids are volunteering/attending rallies at a higher rate than any previous generation[2]
[1] https://trends.google.com/trends/explore?date=all&q=land%20v... [2] https://www.statista.com/statistics/1448606/us-political-act...