Common Wealth ๐Ÿ (@commonwealth_ca) 's Twitter Profile
Common Wealth ๐Ÿ

@commonwealth_ca

Canada's advocate for land value tax to fix housing and citizen's dividends from natural and publicly created wealth.

ID: 1645566421793906689

linkhttp://commonwealth.ca calendar_today10-04-2023 23:18:40

3,3K Tweet

2,2K Followers

1,1K Following

Floyd Marinescu ๐Ÿ”ฐ (@floydmarinescu) 's Twitter Profile Photo

Our Housing Minister may not say it, but Canadians know it. "Itโ€™s basic common sense: for homes to become affordable again, prices must come down... Waiting for wages to catch up would be a decades-long endeavour, permanently shutting multiple generations out of ownership."

Our Housing Minister may not say it, but Canadians know it.

"Itโ€™s basic common sense: for homes to become affordable again, prices must come down...

Waiting for wages to catch up would be a decades-long endeavour, permanently shutting multiple generations out of ownership."
UBI Works ๐Ÿ‡จ๐Ÿ‡ฆ (@ubi_works) 's Twitter Profile Photo

AI will trigger โ€˜most profound restructuring of labor and capitalโ€™ since 17th Century. โ€” Pete Buttigieg Asked about UBI, he said he wants to "deal the people in on the value being created with intellectual property that the taxpayer paid for, specifically the internet and AI.โ€

Common Wealth ๐Ÿ (@commonwealth_ca) 's Twitter Profile Photo

The Fraser Institute estimated that the AB Heritage Fund would be 15 times larger if it was managed similarly to Alaska's. The key idea is that paying citizens dividends gives them a sense of co-ownership, tying their net worths to the fund's fiscal rules and performance.

The Fraser Institute estimated that the AB Heritage Fund would be 15 times larger if it was managed similarly to Alaska's.

The key idea is that paying citizens dividends gives them a sense of co-ownership, tying their net worths to the fund's fiscal rules and performance.
UBI Works ๐Ÿ‡จ๐Ÿ‡ฆ (@ubi_works) 's Twitter Profile Photo

Amazon eliminated their 2 most common warehouse jobs already, and they aren't done. "We aim to eliminate every menial, mundane and repetitive job out there." โ€” Amazon Robotics Chief Workers need the security of basic income and AI dividends.

Common Wealth ๐Ÿ (@commonwealth_ca) 's Twitter Profile Photo

Economists on the left and right agree that the fairest tax of all is NOT on what you earn from work or building homes, but on what you don't earn from rising land value.

Common Wealth ๐Ÿ (@commonwealth_ca) 's Twitter Profile Photo

Land value tax is fundamentally about fairness in the housing market. Public investments like transit raise the value of land. Some of that should be returned to the community instead of being purely private windfalls.

Land value tax is fundamentally about fairness in the housing market.

Public investments like transit raise the value of land. Some of that should be returned to the community instead of being purely private windfalls.
Common Wealth ๐Ÿ (@commonwealth_ca) 's Twitter Profile Photo

Would you vote for a policy that makes homes more affordable, but noone could profit much from rising home prices? This is the trade-off we need to ask for future generations.

Common Wealth ๐Ÿ (@commonwealth_ca) 's Twitter Profile Photo

Albert Einstein likely supported 19th-century economist Henry George's idea of taxing land value instead of income, to build a fairer and more productive society.

Albert Einstein likely supported 19th-century economist Henry George's idea of taxing land value instead of income, to build a fairer and more productive society.
UBI Works ๐Ÿ‡จ๐Ÿ‡ฆ (@ubi_works) 's Twitter Profile Photo

World 1st humanoid robot TED Talk "A future where we have abundance of labor... Just like we take energy around us for granted, we'll take labour around us for granted." โ€” 1X Founder Bernt Bรธrnich Greatโ€”but what happens to labour incomes?