Seder Debates The Last Real Libertarian
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- čas přidán 21. 08. 2024
- Libertarian calls in to propose eliminating property tax on people's first residence to promote home sovereignty. The Majority Report crew ask where people are supposed to get money to buy a home in the first place as many do not have the means. Sam explains why the caller's idea is a subsidiary goal to the decommodification of housing and the other avenues of increasing home security like rent control.
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Getting rid of property tax and decommodifying things that way as opposed to just saying like you can't be a landlord or maybe like rent control. I meant there's a lot of ways to get to those sort of Top Line goals that you're talking about, which I think are admirable goals and ones I would support, but I don't know the way you're going about it just seems to be a little bit more complicated than it needs to be. And I think like oh home ownership is not even when the context of home of living in a home sort of it shouldn't be the primary goal, the primary goal should be living in a place where you feel secure and is a decent place, but I would say that there are a lot of people who don't feel secure right now. Especially with rent prices...
Sam's face when they say "I'm a libertarian..." is one of life's little joys.
lol, came here to comment this. It's like a batter seeing a slow ball coming "I'm going to knock this thing onto the roof"
He perked up, didn't he?
Something lights up inside of Sam
Sam's dream; crew's their nightmares.
If I am only just listening TMR and I hear a caller say they are a libertarian I have to look at the video and then rewind to see Sam's expression, lol
He loves it.
A libertarian that thinks the last libertarian didn’t represent libertarianism well? How shocking.
Libertarianism has been fully hijacked by uber wealthy business people that just don't like regulation or taxes.
@@TheMegaelectronic he wants to force companies to pay their workers more money
@@robinsss his idea would absolutely destroy the real estate investment industry. Say goodbye to hundreds of thousands of livelihoods and jobs.
@@TheMegaelectronic a better idea is to use sales taxes to pay for the gov't
on non essentials
I read the last 2 words of your comment very slowly because libertarians are so...
Slow...
To get...
It.
I have to admit wanting dog friendly rental properties nationwide is the least obnoxious thing I have ever heard a self described libertarian say...most of them would be happy with letting homeless people starve in the streets.
@@mandatoryhelicopterrides3617 Roughly 2/3 of homeless people are only homeless for a few weeks or months, but they most certainly do not enjoy it. In fact it’s one of the most stressful situations someone can be in. You sound distinctly uncharitable, and quite substantially ignorant.
@@mandatoryhelicopterrides3617 Yeah dude I’m sure they love being hungry, exposed to the elements, and dirty.
@@mandatoryhelicopterrides3617 They turn down shelter? Prove it.
@@mandatoryhelicopterrides3617 Just talked to a social worker. They said you’re full of shit. Now prove it, clown.
That is why left-wingers give far less to charity than right-wingers? They care so much about the homeless people?
I remember how cool I felt calling myself a libertarian at 17, so glad I actually started learning how the world works
literally
painfully accurate.
what's unrealistic about libertarian philosophy?
@@robinsss the issue in praxis is how poorly humans act when they invent an artificial hierarchy and put themselves at the top, every small business is essentially the Stanford prison experiment.
@@robinsss right-wing Libertarians philosophy is like house cats. They believe that they are independent and don't need to system, but you give them the freedom they want and leave them outside to fend for themselves, most would die
For a libertarian, he’s spelled out quite a progressive tax system. There is merit to the idea as initially proposed.
Maybe he’ll grow to be a real real libertarian, someday, cough cough communist.
Absolutely not. He's the furthest thing from libertarian. The first thing he advocated for is higher taxes for people who buy a second home. LMAO so much for "property rights"! This dude is a grifter
@@alexandercaruso2889 Communist? Not close
@@ShaithMaster that's where the term libertarian originated, with anarcho-communists.
@@TheMegaelectronic Depends on how you define property rights.
Hey at least this guy wasn’t arrogant like all the others and seemed respectful.
Fair
And didn't try to tie himself in word-salad knots like most of them.
This guy's heart is in the right place, I think he just needs to read a bit more. Libertarian Socialism is a perfectly valid political philosophy, just this fella hasn't fully formed his ideas. I think he needs to be encouraged.
Yes.
Agreed
The only true libertarianism, is socialist libertarianism! Also closely related with Anarcho-Communism!
You are absolutely right.
I'm also from Colorado and I was the same brand of "libertarian" at one time, but as my pool of information grew I matured out of it.
I'd bet the caller is a native of Colorado, because there is usually a pretty clear distinction between someone from Colorado who considers themselves libertarian and someone from another state who is a libertarian. You can see the semantics battle pretty clearly when you see arguments about whether our governor Polis is libertarian or not, and there are lots of those arguments to be found.
As a libertarian socialist myself I'm usually told that isn't a thing and I can't exist.
regardless of the libertarian being wrong, the debate was well mannered. can respect that, most libertarians come on here just seeking attention. this guy seems like he wants to actually debate.
Yeah I think it's because this libertarian seems far more... concerned about the wellbeing of others than the others who call in.
He didn’t even want to debate, just really wanted discuss - if all libertarians were like this I don’t think I’d have nearly as much of a problem with them.
I agree but also some Progressives don't like to debate either. They bite your head off if you don't instantly agree even when you're making valid points
@@scifisyko Yes we would because their policy beliefs are terrible. Y'all have to stop falling for the decorum bit.
@@LinkRocks it’s the not the decorum, it’s that he’s apparently abandoned large chunks of what makes libertarianism shitty
This was less toxic than I expected.
It's really funny how this Libertarian claims to be a 'real' libertarian, when it seems more like he is someone who hasn't really thought about his own political mindset and just happened to like the tag of Libertarianism cause it ain't 'democrat or republican'.
I mean, I hope he keeps going down this path of thinking of how to support others and what that would entail, cause he already shows a LOT MORE genuine critical thinking and empathy than a vast majority of Libertarian callers.
i thought so too!!! it was surprisingly heartwarming.
He's very clearly using libertarian in the European sense where it is more closely aligned with socialism. He said he generally leans towards socialist and he made a comment about Emma saying the right stole the term "libertarian" (which they absolutely did). I don't even agree with this person, but just because you don't know the historical context doesn't make this dumb. I think it's weird to use the that descriptor in America without qualifying at the start, but it seems like he's trying to take the word back.
@@__D10S__ Trying to reclaim a term is a double-edged sword. The attempt might add net credibility to the sullied term, or related movement, before it is able to make enough impact.
I don't think the connection to European Libertarianism is so clear. In current-day America, Libertarianism is a catch-all for wanna-be political outsiders. That has to be acknowledged.
@Nicholas Time I give this caller a year or two before he does just that
No he's calling himself a libertarian because he is identifying as a libertarian socialist which is the original libertarian and its extremely progressive. Jamie who used to be on this show was a libertarian socialist. Libertarian socialism has roots as far back as the 19th Century. The modern free market type libertarian is a recent phenomenon and they stole that word from libertarian socialists.
That can’t be the case. I’m the last real libertarian and I was out of the compound all day jet packing to the post office to pick up my social security.
NO I'M THE LIBERTARIAN
Wtf? That's obviously false because I'm the last real libertarian, and I dare anyone to prove they have a bigger child labor jetpack fuel factory that is being attacked by more bears daily! You can't because I have a private business who I pay to keep a record of who the last real libertarian is and they assure me that it's me every time I drop off my payment of jet pack fuel and child laborers that I found 'out in the wilderness'.
as soon as i saw the title knew i had to watch
i really like this guy who called in. i think his comments about owning a home, and having your own place that you can start and end your days... like, that's a level of security and stability that i haven't felt since i lived with my parents, it sounds like heaven actually. this guy seems like his heart is in the right place, and i liked this call. edit: i generally hate listening to libertarians.
The guy is coming close to the Georgist/left libertarian positiion, understanding land monopoly is a big issue, but by excluding primary residence from land tax he is creating a massive and unfair distortion. Someone owning a massive home tax free in Silicon valley has a massive privilege over someone owning a smaller one in rural Alabama.
We should tax all land at or near to market rental value, that will push prices down and make houses and rents as cheap as they can be without creating a privilege for some over others.
@@schumanhuman if property taxes were at rental levels…why would anybody ever even consider buying a home?? You’d be pushing the value to zero from the perspective of a homeowner [because I can get the same house for the same monthly fee: without a down payment, mortgage, interest, homeowners insurance etc.] Homes would have value only to landlords…and rents would skyrocket. Rental values don’t just exist in nature: they’re derived from other realities of life. It would be not only impractical, but impossible to permanently couple property taxes to rental values.
You’d basically have to own a home and rent it out, and use the rental income to rent another house 🤯. Then property values would derive from ROI (investors expect to recoup initial investment in 18 months and then start to profit). Again: homes would be worth exactly zero to residential homeowners.
@@treedillinger5801 Ummm......rent includes the taxes the landlord pays for the property. Along with insurance and maintenance. That's how rent works.
@@carloscabrera7073 lmfao…what’s your point? Thanks for stating the obvious. The landlord expects to pay those and make a profit on top of it. That’s why rents are substantially higher than property taxes. So after you tell me what your point was: explain to me how property taxes would be the same as rents.
@@treedillinger5801 You're making it sound like rent affects property taxes when it's the other way around.
I think he was the nicest and most coherent libertarian whose ever called in though. The guy honestly just wanted to talk and was willing to actually listen. It was like hearing a unicorn lol
There's more than a few of us out here, and it seems like the key difference I've seen between people is their willingness to change their mind when presented with compelling evidence, regardless of political ideology.
Hes just a left libertarian, and not a far right lunatic libertarian. Most left libertarians don't describe themself as that, they just say socialist, because the other libertarians stole the term due to their remarkable whackiness. This guy sounded like a standard leftist to me with a few odd particular points brought up first.
His specific policy prescriptions are kind of weird (rents go up in part due to property tax, adding a huge property tax increase to large landlords would just increase rent...), but I don't think there is anything in particular hed really disagree with a typical socialist on. I'd also describe myself as a libertarian, because my moral and political prescriptions come from a place of valuing liberty of every individual, but normal ass socialist is probably just a better term and set of policy prescriptions
Good call, he was respectful and had some genuine ideas, still needed some working out, but at least he has put some thought into a real issue as opposed to just wanting to make selfishness into public policy
After listening to him, I feel like he's more of an Anarcho-Syndicalist in reality, but he hasn't quite figured that out yet. This was a very positive and enjoyable conversation more than it was a "debate" like most "libertarian" callers.
What I gathered from listening to all of these Libertarians is that the key core tenant of defining oneself as a Libertarian is being confused.
Most Libertarians grow up to be Liberals
From what I've gathered, Libertarianism is all about reinventing things that already exist and putting your name on them. Like taxes, and courts, and subway tunnels.
@@fishbiter9409 That's a good way of putting it. They think everything the government does will just naturally be taken up by other people and be magically uncorrupt without any oversight, and anyone left behind will just have some reason why they deserve it. It's like, half voluntary communism half anarchy, or something.
Comments are being pretty mean, dude just came to talk and came out of it *hopefully* learning something
Yeah, this libertarian was really tame compared to the others.
Libertarian socialism is based, actually.
(This guy isn’t a fantastic representation, but he’s trying lmao)
Ancoms unite!
LibSoc is Amazing.
Vaush much?
@@davecunningham579 I don’t even consider Vaush a good representation
@@ridicule1313 honestly he's the only one I've ever heard take the title. It sounds oximoronic.
I work construction; 90% of the jobs I do are residential remodels. Out of those, probably a third are being remodeled to be air bnbs. I don't know much about economics or the housing market but that seems like an artificial demand for housing that drives up prices.
As someone who never went through a libertarian phase when I was younger... I still don't get it.
Everyone please encourage Aaron Dickson, aka Dissident Right, aka Mandatory Helicopter Rides, aka Let's Go Brandon, and a dozen other names, to call in to the live show to debate Sam. He's very timid and needs encouragement. Right now he's making excuses that the live show isn't live at all, that it's pre-recorded. He also made the excuse that no one knows who Sam Seder is. Obviously he's shitting his pants, but his comments in the MR comment sections tell me he would do amazing against Sam. Let's go, Aaron!
@@mandatoryhelicopterrides3617 Definitely referring to you. How did this guy in the video manage to call in to the live show?
@@mandatoryhelicopterrides3617 Send an email with your area code. You'll have a better chance of getting picked. You can do it!
@@mandatoryhelicopterrides3617 Aaron, there’s no reason to be terrified. You’re smarter than Sam, once you get on the phone with him you’ll realize it and your nervousness will go away. You can do it, big guy! Let’s go Aaron!
@@mandatoryhelicopterrides3617 🐥
@@mandatoryhelicopterrides3617 It’s ok, Aaron. I believe in you. Everyone here believes in you. You can do it, stop making excuses. Let’s go Aaron!
What if we allow tenants who rent to choose to OWN the unit once they pay enough in rent to match fair market value? Then they would automatically be on a "board of owners" for buildings, etc. and we would eventually end up with a system of renter cooperatives....
Most of these investors aren't going for that. I really don't understand why more of them are interested in offering to sell to the tenant or doing a lease purchase. Why wait years to get the same money?
Lmao the look of joy on Sam’s face when he heard “I’m a libertarian” 😂
Libertarianism functions like being the Highlander: there can be only one
Nice name you got there 👽
To be honest, I think this is the best libertarian caller Sam has had. He brought up a lot of good points but just couldn't quite get there lol
This stupid advertisement for a Jordan Peterson keeps popping up before MR vids for me.
It opens with him saying "One of the things I tell young men is 'you should be a monster, an absolute monster. And then you should learn to control it.'"
I'm sure it's him taking the most absolute basic/mundane principle he could possibly advocate for & then wording it dramatically/bizarrely like always. So annoying.
I know, right. 1st time I heard the commercial, I thought it was going to be a JP takedown video.....and then I realized it was just a commercial.😒
To be fair to the caller the right did bastardize libertarian so it is no longer recognizable. Also the caller at least has his heart on the right place just needs to tweak his ideas a bit.
Home "ownership" is an illusion. How many people actually own their home? For most "homeowners" the bank is their landlord. The hope of owning their entire home 30 years later never comes true.
Another libertarian who knows more about being a libertarian than every other libertarian but proves none of them have a clue
Nicely said.
This is interesting because I sympathize a lot with the motive of the caller. I think Sam identified what has been hard to express, that it’s more important to feel secure than to feel ownership. My knee jerk is to just build a billion condos that everyone living there owns completely. Maybe the details working out to the state/community being your landlord but idk
You mean section 8 housing? Or full blown communism? This comme t section is so dense.
@@TheMegaelectronic That comment didn't describe Section 8 housing at all.
@@TheMegaelectronic can you please explain how what was said might equate to “full blown communism”? And what makes it “full blown”?
Same here, it's terrifying to always feel like you're on the brink of homelessness, miss rent by three days and come home to an eviction notice..i am starting to feel a little stir of panic just typing this. i better just stop typing. good night, y'all.
@@TheMegaelectronic you are just repeating what they said (not quite accurately btw). I asked for an explanation…
"If freedom means anything at all, it means the freedom to enslave!" - typical libertarian in 2020
“Libertarian in the United States means the opposite of what it means in the rest of the world. In the United States someone who calls themselves libertarian really believes in complete and utter tyranny, just the absolute worst type of tyranny.” - Noam Chomsky
Libertarians believe oppression should be left to the private sector.
Huh? Slavery is the polar opposite of libertarianism.
I would argue voting for a corporate duopoly like Sam advocates for is MUCH more akin to slavery.
@@LocoGeorge123
“We need to start putting people in concentration camps”
Also Noam Chomsky
@@fredsanford1437 He would never seriously say something like that. It must have been bitterly ironic.
B-But... It's not even December! It's Christmas time, already!?!?
All you ex-libertarian types owe me reparations. I never went through that phase, you never paid me for all those lessons I taught you. I accept Paypal.
The caller says he's a libertarian but also says he tends to be socialist... I don't think you know what these words mean.
Inigo Montoya
There are people who call themselves libertarian socialists. Both share the tendency to not really think about how things will go with the next generation. The main difference between the two in their utopias is that the lefty version tries to hit the Reset button on wealth.
The label libertarian originally referred to libertarian socialists like anarchists and fellow travelers. In the mid 20th century the right basically stole the word from the left.
Tragically with the Supreme Court attacking the EPA, the libertarian habitat is even more endangered.
Damn I gotta say, I actually really like the idea of cutting property taxes on first homes and raising taxes on second homes and then just funding schools through regular taxes like we should be doing anyway.
I agree. Also, seems to me, if we drastically raised the property tax on the rich it would offset the loss from single homeowner tax well enough that the loss of social funding wouldn't be that bad.
I feel like the guy has good values.
He's just a little caught on the specifics of universal housing.
"They weren't real libertarians"
"Yes"
Every single time. Maybe libertarians don't actually stand for anything except this abstract belief of free markets solve everything, without any nuance as to what markets are and without any understanding as to the mechanisms of markets that make that belief justifiable. It's a religion more than a moral system.
Yeah, they don't seem to get that without government oversight the free market doesn't stay free for very long.
I certainly agree with the callers goal of increasing access to home ownership and the security therein.
Weird how The Last Real Libertarian sounds different every time he calls in.
I'm not entirely sure why this person identifies himself primarily as a libertarian, but he actually seems fairly reasonable compared to most libertarians that call in.
Here we go
I love how sam perks up every time a caller says "I'm a libertarian"
And of course, libertarians seem to lack critical thinking
Well, they're free from it. And everything else.
I don't think this guy's going to be libertarian for very much longer
I think James is on the right track. Eliminating or greatly reducing SOME property taxes would help stabilize property ownership for individuals and large increases in property tax for multi-home owners would make more homes available for individuals to own.
Whenever a libertarian calls in I know I’m in for a good laugh.
Property tax is kinda messed up. In some states a poor working class person saves up barely enough to just buy a house, and as their neighborhood gets gentrified they never move up.
A good compromise would be to not tax your primary residence but to tax 15 to 30% any residential income generating property. This would discourage corporate hoarding of residential real estate.
Finally some libitarian callers are back, loved these back in the day, the first ever majority report video I watched was one.
Thank you, Sam and TMR crew.
This sounds like my friend who is a ‘libertarian’ but believes in all the progressive agenda when you break it down issue by issue. Then when I try and make him relate that back to libertarianism he’s talking in circles.
Yeah. This guy is the furthest thing from libertarian. Literally advocates for higher taxes for people who bought a second home. Wtf
@@TheMegaelectronic prolly why i kinda liked him
An actual libertarian socialist. A very rare breed. Damn right stole the word libertarian from the from libertarian socialists and poisoned it.
THE DAILY WIRE JORDAN PETERSON AD I GOT AT THE TOP OF THIS VIDEO HAHAHAHA
A libertarian debate god it has been so long since one of these.
A week is too long between these.
Walmart could take 10% of its yearly profits and give each employee a $10,000 a year pay raise or just give all employees free Healthcare.
Funniest eyebrow tilt is a telltale sign of Libertarian's nearby
Property values are so high in part because large investors and corporations have bought it all up and forced everyone else to rent, so I think this guy is on to something. Everyone has to live somewhere, so why should your money just go into someone else's pocket?
yeah these investors are making it hard for regular people
The speed at which I clicked
Dude this guy is almost smart, definitely leagues ahead of any other libertarian caller absolutely. Hes got some holes in his logic, but it still feels a lot more well thought out then other right libertarians tend to be. My uncle told me to get rid of taxes for roads. I asked him if he wanted dirt roads or toll roads and who would pay for that
Sam is one of the greats!
This guy was well mannered enough and I think he has his head on straight enough. He'd be a comrade in a larger context if he'd stop calling himself a libertarian.
The problem is not property tax. The problem is the insane cost of living especially in a place like Manhattan NY. No city should be allowed to transform into a place where only the rich can survive. Rent needs to be regulated. No one should have to spend more than 25 percent of their net income on rent.
I think his main point is that houses should be affordable and that these companies shouldn't be able to buy up everything and charge these insane rents. But I think having nice socialized housing that is affordable, even if they don't necessarily owned outright, is kind of the solution. Then still having private housing for those that want to buy their own homes.
Hey, cool! A fellow ibertarian socialist!
This libertarian is better than most of the other libertarians who call in in my opinion
YES!!! I was aching for another libertarian call for entertainment purposes!
Sam. In San Francisco, there is a constant stream of residential building, primarily high end high-rises. It's not that we don't have enough housing, it's that we don't have enough affordable housing. Yes, the government cuts deals to developers - if they create a certain number of affordable units, they get to build a higher building, for example. However, "affordable" is $120,000 per year, and one or two units in a midsize building in no way takes the edge off the housing problem. The real issue is that developers have no stake in the community and make deals with politicians to continue the golden money flow. *The fact is, there are enough rich people in this area that can bear the high cost of housing, so they keep building for those people.* Nobody is thinking about a healthy society being able to accommodate middle and working class people, again, in preference for expanding the capital reserves for the few.
as someone who bought a house four and half years ago, its not the bed of roses people think it is. while i enjoy having my own property and being able to do what i want with it (within reason) without asking someone else permission is great, the cost of maintaining my home makes me wish i had gotten an apartment instead.
We have been in our house since 2011 and have spent less than 6 grand in that time. We replaced everything that needed to when we moved in, financed that with the mortgage and I have fixed a few things myself that would have cost a ton in labor.
It's much better. I lived in multiple apartments where the landlord or owner of the property would just come in my apartment to make sure I was living to their standards.
@@f_youtubecensorshipf_nazis and? i dont necessarily have a bad experience with my house either. it needs a few things done that im not in a financial position to fix. THATS my point. if i had gotten an apartment, those things would not be a concern for me.
as to the living standards.......i dont know what kind of a life you lead, but how i live my life would literally not change if i had an apartment. i dont party; i dont have people coming and going all the time. i dont currently have a pet, but if i did it would only be a single cat. im not loud, so i dont need the space for that. so im not sure what kind of pain in the ass you are that you need to have a house instead of an apartment.
i would also point out that not all apartments are bad and have bad owners, just as not all houses are great experiences. hell, i would rather deal with a nosy landlord than an hoa.
Education is the best way to get equality
I’m a conservative but love watching these libertarians debate hahah I was an edgy libertarian in my teens but it’s so painful to see grown men thinking you somehow don’t need a government lmao
the next stage of your development is to feel compassion for a crying child , then you will be on your way to being a fully grown socialist .
Why is it that when every 'libertarian' calls in they end up talking themselves into super-socialist ideas? Yeah, ok, big brain, give everybody a home. I mean, FFS. You can't make this shit up.
Didn't the guy say he agrees with socialism? I think he's trying to take back the label, libertarian originally referred to libertarian socialists
it would be better to eliminate interest on a person's first residence.
Cuba have a pretty good housing system, always better to look at real examples rather than hypothesize what could be.
People in Cuba are forced to buy food in ration portions. Not good.
If there was a higher tax on properties, wouldn't the people that own rental houses just increase the rates proportionally?
"whatever we do we can't ever hold the capitalists responsible for what they do or they will make it worse"
you folks are pathetic cowards who have driven this country off a cliff wth this nonsense
Why do they still think that they're the one person who can make their nonsense make sense. When they just regurgitate the same nonsense as the last one. This guy outright admitted he's heard other callers make these arguments then preceded to make the same argument with minimal difference.
How about we start by keeping landlords out of single family housing. Or at least cap it.
get rid of single family housing period.
@@f_youtubecensorshipf_nazis I’m not for that. But good on you
People deserve housing according to their needs. It's simply a universal human righy
So no one should own a cabin in the woods? Why not? It’s not like it’s taking a home away from anyone…. no one wants to live where there are no schools and no jobs….
I demand that 16 minutes be added back to the end of my life.
He's describing Australia's property tax law. We have scarily rising property costs but property tax etc are tax deductible for landlords.
So, he wants little to no government, and he doesn't want property tax, but he wants some kind of system in place that forces employers to pay their employees based off of some esoteric equation based off of the amount of money an employer extracts from their laborers.
Right.
I'm all in on no property tax on your first home. I only own one home and have been in it for 32 years. No kids in school the entire time. Already raised and on their own. Why should my tax pay for others kids to go to school?.
Unoccupied housing should be taxed at a much higher rate if it sits unoccupied for more then 3 months.
The unoccupied property still requires infrastructure, police, fire, and passable roads but offer no commerce in the community.
Now investment groups can buy large blocks of houses, and keep them empty. Because the houses value doesn’t require occupancy houses are now just a commodity and It’s cheaper to keep them empty.
Then the government says million of house are need to make homes more affordable and the investment in and value of empty houses continue to grow.
I do think encouraging people to have a lasting connection to their community and the land that it exists on is a very good goal. Whether thats based on home ownership or not is less important than trying to build communities that people want to stay in. The u.s is dealing with a huge diaspora. When people don't feel connected to the land and their neighbors, we can't build real commitments to each other and our local environment.
Brilliant Video
I think the caller is on the right track, but veering off a bit.
If capital gains and RE income tax on investment properties (not primary residence) were so high that it would render investment properties unprofitable, investors would sell, dropping the prices of properties. The resulting tax revenue could be used to create non-profit gov lease programs for those who do not choose to purchase their homes.
The above mentioned taxes can only be applied with the non-profit program in place, lest landlords pass the tax costs to renters.
The funny thing is most issues could be resolved by increasing corporate taxes and closing loopholes that MNCs habitually exploit. You can lower income, property taxes, so much with it. NewsCorpse in Australia has paid no taxes for four years now, and with the profit they post each yeah, every single Australian could have been given $36k, each year, if they were taxed only ~5%.
Sam it’s actually a great start. There is no less property tax. The first tax loss gets transferred to all the people with enough money to have multiple properties. It’s basic balancing of an equation. I think you just skipped that part of his idea.
A young CZcams skeptic names "Rationality Rules" describes libertarians as those who think they can shit in our water supply.
A libertarian who essentially wants socialism. Perfect.
First libertarian to actually make a good point. I completely agree with his point about property tax. Lower the house prices and let people get onto the property ladder. They would be afforded by government backed mortgages that didn’t need deposits. If someone can rent a house for years for MORE than a mortgage, they should be able to get a mortgage and after 20 years they have the house as capital. I think Sam disagreed purely due to his - completely justified - mistrust of libertarians. Outlawing second homes is just silly. Some people need them. Some people simply want them and to make it illegal is just stupid. It would be an enormous improvement on what we have now, and shouldn’t be dismissed so quickly. In the UK property tax doesn’t exist and the schools, roads etc are paid for by other taxes. Everyone can own their own home in this scenario, I’m not sure why Sam doesn’t see this. His argument about people preferring to rent is absurd also, no-own “prefers” to rent. You’re paying more money each month and have NOTHING to show for it at the end of the day. First video I’ve watched of Sam where he was completely wrong on every point.
Woo lolbertarian caller! It’s like Xmas has come early! 😂
You can't modify your home if you lease it.
This guy was a....Libertarian? Who wants to tell him he's a social democrat?
Hmmm sounds like my country. Australia. We already do all that except for the tax on second property
I actually liked this guy's idea and feel like I have similar ideals. Sam seemed to just want to trip him up in theoretical and exact details where the money is allocated and pulled from but those details are always malleable around the idea itself.
I am floored at Sam's response seemingly pro for allowing the gov to own all housing and control all housing.
I still strongly maintain Libertarian and Socialist are directly opposed to each other. He's not Libertarian.
“I have some trouble with past libertarian callers on your program”
-every libertarian caller on the program
I think this caller does sound more left libertarian, which is what libertarian usually means outside the US.
World’s best libertarian though tbh