Subscribe to this blog's feed

Recent Posts

Search

Pages I refer to often

  • Income Distribution in the US
    How is our income distributed? Well, it is pretty concentrated. How concentrated? Take a look.
  • Progress and Poverty, by Henry George
    Here are links to online editions of George's landmark book, Progress & Poverty, including audio and a number of abridgments -- the shortest is 30 words! I commend this book to your attention, if you are concerned about economic justice, poverty, sprawl, energy use, pollution, wages, housing affordability. Its observations will change how you approach all these problems. A mind-opening experience!
  • Wealth Concentration Tables from 2004 SCF: Bottom 90%, Next 9% and Top 1%
    Aggregated data by net worth quantile, for various kinds of wealth. With calculations you won't find anywhere else!
  • Wealth Concentration Tables from 2004 SCF: 50-40-5-4-1
    These tables show how concentrated the ownership of various kinds of assets are. With calculations you won't find anywhere else! This version is less aggregated: Bottom 50%, Next 40%, Next 5%, Next 4% and Top 1%.

Pages

Categories

Books I Value

  • Henry George: Progress and Poverty: An inquiry into the cause of industrial depressions and of increase of want with increase of wealth ... The Remedy
    This is perhaps the most important book ever written on the subjects of poverty, political economy, how we might live together in a society dedicated to the ideals Americans claim to believe are self-evident. It will provide you new lenses through which to view many of our most serious problems and how we might go about solving them: poverty, sprawl, long commutes, despoilation of the environment, housing affordability, wealth concentration, income concentration, concentration of power, low wages, etc. Read it online, or in hardcopy.
  • Bob Drake's abridgement of Henry George's original: Progress and Poverty: Why There Are Recessions and Poverty Amid Plenty -- And What To Do About It!
    This is a very readable thought-by-thought updating of Henry George's longer book, written in the language of a newsweekly. A fine way to get to know Henry George's ideas. Available online at progressandpoverty.org and http://www.henrygeorge.org/pcontents.htm

Where Else Might You Look?

Sites I enjoy

About

Blog powered by Typepad

July 2023

Sun Mon Tue Wed Thu Fri Sat
            1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31          

Archives

More...

Notes

  • Add to Technorati Favorites

« The Earth-for-All Calendar: February 28 -- Hume and Blackstone | Main | The Land Questions: #29 -- Selling the Toll Roads »

February 28, 2012

The Land Questions: #28: Coastal Homeowners Insurance

28. Private-sector insurance companies are raising their rates for waterfront or near-waterfront property, or refusing to renew policies in hurricane-prone areas.  States are stepping in to provide insurance of last resort.  How should this be financed?

A. It should be self-financing, with rates designed to cover 100% of the risks.  This might drive down the selling prices of the properties, but that is appropriate given the increased risks involved.

B. Taxpayers all over the state should subsidize the insurance rates, from taxes on wages

C. Taxpayers all over the state should subsidize the insurance rates, from taxes on sales

D. Taxpayers all over the state should subsidize the insurance rates, from taxes on their land values

E. Inland taxpayers should be taxed to pay for the subsidies to coastal propertyowners

F. Hotel and rental-car taxes should be used to pay for the subsidies to coastal homeowners and commercial property owners

G. Collect taxes in proportion to pollution which is producing slower-moving storms, which will have the effect of incentivizing reductions in that pollution

H. Your suggestions?

Posted on February 28, 2012 at 09:26 AM in capital gains are land gains, environment, FIRE sector, greenhouse gases, income tax, location, location, location, pollution, privilege, sales taxes are wrong, socializing risk and privatizing profit, special interests, subsidies, wage taxes, wages, water, windfalls |

| | | |

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

The comments to this entry are closed.