Will a city like this exist by 2050?
Basic
9
Ṁ726
2050
3%
chance

Will a city exist that,

  1. Has private and perpetual ownership of land with a tax on the unimproved value of land greater than 10% of price of unimproved land used to fund public services and/or UBI.

  2. Has no other taxes, duties, or development charges on property.

  3. Has a subway or LRT.

  4. Has a combined maximum tax rate on corporate income, personal income, capital gains, transactions, payroll, social security lower than 15%.

  5. Has free market trade policy with average tariff rate 0%.

  6. Has free market urban planning policies such as all residential land being allowed to be mixed use apartments and annual rent increases allowed at least up to 15%.

  7. Has free market labor policies like no minimum wage.

  8. Has democratic governments at all levels.

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I assume all policies cannot be restricted by federal level or higher regulations?
any restrictions as to VAT and special consumption taxes, for example on alcohol, tobacco and fuel?

@CodeandSolder it's a city where you can live with the mentioned policies at any level of government. For example, if a place has 10% income tax at federal level, 5% sales tax at state level and 1% sales tax at municipal level, it would push you over the 15% threshold because they combine to 16%.

VAT is a transaction tax.

Special consumption taxes are fine if very specifically targeted like alcohol, tobacco, or fuel.

@sziner wait, it's max(corporate income) + max(personal income) + max(capital gains) + max(transactions) + max(payroll) + max(social security) < 15%?

@CodeandSolder I meant <= but yes

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