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Профиль

Common Wealth Canada

Профиль Vively

We're advancing practical solutions to housing, productivity, and affordability, by shifting taxes to land and sharing natural and publicly created wealth. commonwealth.ca

"Canada needs a sovereign wealth fund for the sake of future generations" — Matthew Bianco, former Managing Director at CPP Investments, and Elena Mantagaris, Senior Advisor at StrategyCorp

033

Norwegians said "this oil is our common wealth" So they tax companies at the full rental value and invest it to fund pensions and public services Meanwhile Canada lets extractors take 80% of our minerals ($1 TRILLION or $24K/person) when we should all be getting dividends

063

Tax land, not work

040

If you're a libertarian, you should dramatically prefer taxing land to income. It's fair: you pay for what you use, not from what you make.

053

Adam Smith, the godfather of capitalism, believed government should tax common wealth (like land), before taxing people. Let's make this mainstream.

0116

This Ontario minister championed land value capture (LVC) to fund transit. When land values rise because of public investments, the public should get some of that back to fund more transit. We could be doing this everywhere.

084

British banker points out the irony of the Labour party wanting to tax work We should tax windfalls from land instead

042

'Every Canadian home builder would have to double their number of homes built to achieve Trudeau's housing plan—output not seen in 25 years': The Hub Housing is the biggest political gaslight of our lifetime.

033

Land is the largest transfer of wealth ever, from public to private hands. The right thing to do is for society to capture some of it back to invest into its citizens.

065

Hard to fix housing if the business model IS the crisis

166

Land value is publicly created, so it should be publicly shared. This helps us harmonize our economy with our environment.

044

Shifting the tax burden from labor to land makes a ton of sense. Tax soil, not toil!

030

not fringe anymore because people are waking up to the absurdity of a system that taxes work more than windfalls

0115

Canada needs more leaders who understand that taxing land is more fair and effective than taxing jobs or homes.

0104

Sprawl is sapping our lives of time, energy and resources, and pushing people further away from opportunities and loved ones. We should be using land much more effectively in urban cores.

030

To address inequality, investor Bill Ackman says we should give every baby born money that's invested in index funds. It's a form of 'universal basic capital' that common wealth advocates are pushing for.

184

Carbon pricing is at the frontline of the idea that we should tax what we want less of, instead of taxing what we want more of. One of the few things every economist can agree on.

030

Tax cuts on the middle class—the middle ground that both left and right can agree on. If we lower tax on income and shift it to land, most households come out ahead and we'd have a healthier housing market. That's a political winner.

163

The "father of American literature" supported Henry George's idea that we should tax nothing but land.

130

"You shouldn't have to charge for public transit, it should be for free", if we captured the land value back that was created by public investments in the first place. The greatest transfer of wealth from public to private hands is in land. It's fair we tax some of it back.

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