Omgpwnies

joined 2 years ago
[–] Omgpwnies 2 points 1 week ago (2 children)

Depending on where you are, a valid driver's license is usually the simplest and most accepted form of ID, which goes beyond just driving. If you need to rent tools, check out a hotel room, buy alcohol, etc. then having a driver's license for ID makes things much easier. Driver's licenses are usually more recognized abroad as well for ID purposes.

[–] Omgpwnies 1 points 1 week ago

Kind of Dr Who meets James bond meets BOFH in a way, there's a lot of build-up with tons of details that come together by the ending.

[–] Omgpwnies 3 points 1 week ago (2 children)

Charles Stross The Laundry Files - It's a good read

[–] Omgpwnies 3 points 1 week ago

Software dev in general needs unions IMO, not to mention other tech work like IT who tend to work piles of overtime.

[–] Omgpwnies 5 points 1 week ago

c/askouija style, top level comment is the clue and number of letters, ouija provides the response

[–] Omgpwnies 17 points 1 week ago

Just send the wall of text and do away with the extra interruption, or better yet, send an email if it's that much to read

[–] Omgpwnies 9 points 1 week ago* (last edited 1 week ago) (1 children)

What about a turbine spun by the convection of evaporation from a large body of water being pulled toward a dry landmass?

[–] Omgpwnies 45 points 1 week ago (5 children)

Hey now, sometimes it's a turbine spun by falling water!

[–] Omgpwnies 2 points 1 week ago (1 children)

There are far too many detached houses with 4+ bedrooms and 2 retired people living in it because the kids moved out

Yeah, they're not the enemy here, and more often than not can't afford to move either. When your retirement plan relies on having a paid-off house to either offset living costs or to have as an asset to sell when it's time to move into assisted living.

Forcing LVT on them means they will need to sell early (and likely quickly) to buy into a condo, which is now going to be FAR more valuable since they will have increased demand (similar to what happened during the pandemic when people were buying houses left and right for the space to quarantine/WFH, houses on my street that sold for $200k a few years before were going for a million+). Subsequently, the property they are selling will be far less valuable due to the tax. So now a retiree is being forced to undersell and overbuy just to avoid a hefty tax bill, pay lawyers, realtors, movers, likely have to sell a lifetime's accumulation of stuff (or abandon it) among all the other costs associated with selling a house and moving. Chances are, they will end up having to pay a mortgage or begin renting possibly decades earlier than when they planned to, eating up their retirement savings.

What do we do with those people? If we left them alone, they would eventually give up the house either when they die, or move into assisted living. It's a very short-lived problem in the long-term, and not nearly as impactful as apartment buildings with 50% occupancy because the landlords want $3k a month or people who own multiple homes as rental properties.

it prevents tax evasion by wealthy people because you cannot hide land, or even work around it by paying yourself $1 or something other financial shell-game bullshit.

How will the value of the land be assessed? Property value is assessed as an estimation of the fair market value if it were to be sold today. Unless it's an empty lot, the fair market value is a homogeneous combination of the land and building(s). To get the value of the property, you would have to subtract the value of the building from that total. This is an estimate that insurers and lenders make all the time and there is little to no real accountability as to how these estimates are made. Say I have a property with a house and the whose thing is assessed at $500k. I take out insurance and they estimate that the replacement value of the house is $600k because that's what they think it would cost to build a similar house there. Does that mean the land it sits on is valued at -$100k?

Maybe instead we try to use recent empty-lot sales to assess land value based on dollars per acre. The only empty lot near me has been vacant for years because nobody has been able to get through the permitting process to build on it and has been sitting with a for-sale sign on it for as long as I can remember. Since nobody wants to buy it, does that make it worthless? If that lot is worthless and it's close to the lot I live on, does that make my land worthless? If I use that to prove that my land has no value, does that mean I pay no tax?


All that still doesn't solve housing for low-income people, though. If I had a plot of empty land big enough to build an apartment/condo building, it would be advantageous for me to build something that I could rent out for as much money as possible, and luxury units are more profitable. If I have a building with empty units, they occupy the same land as the units with tenants, who are covering the tax bill for the land the building sits on. I can then improve the empty units and rent them at a higher rate, because why would I hamstring my profits? LVT encourages me as a landowner to maximize the amount of profit I can extract from that parcel.

I am also not convinced that LVT can be used as a complete taxation system and additionally, I am not convinced that it will address the true shortage of tax revenue, which is that of the extremely wealthy and massive corporations, who extract an amount of wealth far disproportionate to the amount of land they use.

[–] Omgpwnies 6 points 1 week ago (3 children)

That's a frankly terrible idea, especially for lower income people.

Income taxes are bracketed based on income, with significant amount of deductions and exceptions for things like disability, having a family, retirement savings, education, etc.

Taxing land, especially rental property, means that the tax landlords pay is just passed down to the renter which makes it more difficult for the individual to then assess how much tax they have actually paid and are responsible for. If we then say the individual is not responsible for paying any of that property tax, then the government will be obligated to refund those tax payments to the individual, which means the government is losing that revenue. If the tax is not refunded, then the individual is going to be responsible for a much higher tax burden than the current system.

None of this actually creates new housing, it just creates a new opportunity for the wealthy to play their money shell game.


Viable solutions include:

  • Build housing for low-income people
  • Create new tax schemes to tax VACANT property
  • Build housing for low-income people
  • Create legislation to ensure proper classification of housing vs hotels to eliminate the use of empty housing for AirBNB type rentals - Note, this should be in combination with the above, if a person wants to rent out a home/apartment they live in for a weekend while they're not home, that should still be allowed.
  • Build housing for low-income people
  • Implement/Strengthen rent control legislation so that people are not priced out of their home due to greed-driven rent increases
  • Build housing for low-income people
  • Create legislation to reduce or eliminate the impact of NIMBY-ism (which is why this particular building in question has not yet been built)
  • Build housing for low-income people
  • Create legislation to allow eminent-domain type buyback of unused/vacant property from corporations if they have not shown any progress in developing that land for their business (i.e. if they have pulled permits, submitted plans, or are otherwise showing consistent steps toward using the property, then it's fine. If they just bought it to sit on, then ownership transfers to the municipality and the company is reimbursed at the standard rate based on acreage)
  • Build housing for low-income people
  • Improve public transit and reduce the number of personal vehicles, subsequently reducing the amount of surface parking required in urban areas. Use this land for parks and recreation space (reduces demand for single-family homes in urban areas)
  • Build housing for low-income people

Not sure if I mentioned:

  • Build housing for low-income people
[–] Omgpwnies 9 points 1 week ago (7 children)

What's your solution? If you have none, STFU and let the grown-ups do their work.

[–] Omgpwnies 5 points 2 weeks ago (1 children)

Depending on the shop, they might also be picking up and propagating fallen leaves as well.

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