Rent and Taxes

Regular Arbitrary Revenue From the Lack of Land

We define:

• rent as a regular revenue from the lack of land
• taxes as a regular revenue from the lack of political power by the other person

In economic systems, powerful interests pay little tax as a percentage of their revenue.

Rent-seeking is someone who can gain revenue because he can do so, without necessarily creating value in return.

The rent of land is naturally a monopoly price.

A

Adam Smith Wealth Of Nations Book 1, Chapter 11

A landlord can charge rent for his land because he or his forefathers were able to own or conquer that land. You have no choice but to pay rent if you want to use his land.

This lack of choice is in turn caused by the fact that humans have no choice but tolive on landinstead of the water or air. The same idea is true withtaxes – the government or ruling party can charge taxes because they were able to gain power in the country – you have no choice but to pay taxes, because you must live under some form of civilized society.

In Eastern metaphysics, we can say that rent is usually the revenue of the warrior class or ksatriyas.

Rent affects fixed capital.

Contributions Instead of Taxes

Supereconomics uses the word “contribution” instead of tax.

Tax comes from “taxare” which means to judge the value of.

Contribute comes from the Latin “contribuere” which means to unite (con) and pay (tribute).

Contributions can be sourced from wages, rent, donations, or profits as a percentage of the value exchanged.

In essence, this works like a sales tax. This is possibel in Supereconomics since transactions are bilateral and reciprocal.

This makes the taxation equal instead of being transferred to the consumer.