<oembed><type>rich</type><version>1.0</version><title>McCoy wrote</title><author_name>McCoy (npub18y…qx5t7)</author_name><author_url>https://nostr.now/npub18y33vpqmudzm9wk9cnglgnrhqyu96c4l4tr59k2zw0gs5ep5a2kqjqx5t7</author_url><provider_name>njump</provider_name><provider_url>https://nostr.now</provider_url><html>This is the best version of your position, and it&#39;s worth stating precisely.&#xA;&#xA;Land value tax is self-limiting because the base is fixed. Land rent is what it is; you can&#39;t inflate it by changing the rate. George&#39;s single tax had a natural ceiling built in.&#xA;Commodity taxes are self-limiting because high rates produce smuggling and substitution. The bootlegger caps the rate.&#xA;User fees are self-limiting because they have to pass a benefit test. You can&#39;t toll a road nobody uses.&#xA;Pigouvian taxes are self-limiting because they&#39;re supposed to shrink their own base. A carbon tax that works collects less over time.&#xA;So there&#39;s a structural property here: each revenue source is anchored to something real, and none can be expanded arbitrarily. That&#39;s a genuine design advantage over an income tax, which scales with the economy and can be ratcheted by adjusting rates and brackets.</html></oembed>