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This is definitely good thinking, though it seems unrealistic.

The stuff about AI is just science fiction. We'll see major advances in the next 15 years, but it's unlikely that there will be a compounding intelligence situation where robots are able to program and build other robots without human intervention. There's no scientific evidence that this will happen, but it's certainly possible on a long enough time frame.

A 2.5% property tax is a political impossibility. That's like $500/mo for the average homeowner. And homeowners vote. This would only happen in the most dire of economic circumstances. The remote possibility of super ai in the coming decades is not one of those circumstances.

I'm also not so sure about the idea of taxing corporations based on their market cap. Market cap isn't "real" taxable money like that. It looks like there's been research published on the idea [0], but it's kind of just one person.

[0] https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1517925



It's not a property tax (which taxes the building and the land), it's only a land value tax. So if you have a $300,000 house, it's not going to tax 2.5% of the $300,000 house, just the $50,000 worth of land it sits on.




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