Theme: Property

  • BASIC ECONOMICS: “TYPES OF GOODS” In economics and taxation, goods are categoriz

    BASIC ECONOMICS: “TYPES OF GOODS”
    In economics and taxation, goods are categorized in various ways to understand their characteristics, utility, and the implications for market behavior and policy. Here’s a comprehensive breakdown of the categories:

    Durable Good
    Definition: Durable goods are goods that do not quickly wear out or yield utility over time rather than being completely consumed in one use.
    Lifespan: Durable goods have a long useful life, typically over three years. Automobiles often have a useful life of several years, making them a prime example of a durable good.

    Capital Good:
    Capital goods are durable goods used in the production of goods or services.
    Taxation: Often exempt from sales tax when purchased for use in manufacturing.

    Intermediate Goods
    Definition: These are goods used in the production of other goods. They are not final products and are subject to further processing.
    Taxation: Often exempt from sales tax when purchased for use in manufacturing.

    Semi-Durable Goods
    Definition: These goods have a lifespan that is longer than non-durables but shorter than durables. Examples include clothing and shoes.
    Taxation: Generally subject to sales tax, with some exemptions depending on the jurisdiction.

    Non-Durable Goods
    Definition: These are goods that are consumed quickly or have a short lifespan, typically less than three years. Examples include food, fuel, and toiletries.
    Taxation: Often subject to sales tax, and sometimes additional excise taxes, depending on the jurisdiction and the type of good.

    Consumer Goods
    Definition: These are goods bought for consumption by the average consumer. They can be further classified into convenience, shopping, specialty, and unsought goods.
    Taxation: Subject to sales tax, with rates and exemptions varying by jurisdiction and type of good.

    Private Goods
    Definition: These are goods that are both excludable and rivalrous. Most consumer goods fall into this category.
    Taxation: Subject to various forms of taxation, including sales, excise, and import duties.

    Veblen Goods (Luxury)
    Definition: These are goods that are perceived as exclusive as their price increases, like luxury cars or designer handbags.
    Taxation: Often subject to luxury taxes in addition to sales taxes.

    Club Goods
    Definition: These are goods that are excludable but non-rivalrous. Examples include private parks or subscription services.
    Taxation: Sales tax applicable, and sometimes subscription fees are also taxed.

    Common-Pool Resources
    Definition: These are goods that are non-excludable but rivalrous, like a public fishing ground.
    Taxation: May be subject to licensing fees or other forms of indirect taxation.

    Public Goods
    Definition: These are goods that are non-excludable and non-rivalrous, meaning that individuals cannot be excluded from use, and use by one individual does not reduce availability to others. Examples include clean air and public parks.
    Taxation: Funded through general taxation but not directly taxed.


    Source date (UTC): 2023-10-06 20:46:57 UTC

    Original post: https://twitter.com/i/web/status/1710396245007552512

  • The answer is to not keep wealth in currency, but to keep it in assets that are

    The answer is to not keep wealth in currency, but to keep it in assets that are resistant to dilution by inflation. The world basically uses oil for this purpose, and constantly rotates it.


    Source date (UTC): 2023-10-02 21:55:24 UTC

    Original post: https://twitter.com/i/web/status/1708963922953339005

    Reply addressees: @RobertNewmanUSA @toodarkmark

    Replying to: https://twitter.com/i/web/status/1708932030694596675

  • Foreigners are renting and leasing the land. WHy? Previously, in UA, the army co

    Foreigners are renting and leasing the land. WHy? Previously, in UA, the army controlled the rents and leases on the land, and this was one of the vast sources of corruption. So this is the first step in disintermediating them from this corruption. There is another problem with the state and housing and construction that’s about the same. These are all soviet holdovers that it’s been almost impossible for the people to overcome. The’re doing it now – out of survival.

    Reply addressees: @SwornInvictus @RomanEagle6


    Source date (UTC): 2023-09-30 16:41:03 UTC

    Original post: https://twitter.com/i/web/status/1708160035832954880

    Replying to: https://twitter.com/i/web/status/1708050115959595264

  • RT @curtdoolittle: @Dontcar25448459 @StephenThomasHC —“Q: Curt: Why are corpor

    RT @curtdoolittle: @Dontcar25448459 @StephenThomasHC —“Q: Curt: Why are corporations allowed to own houses anyway? Do they use them for t…


    Source date (UTC): 2023-09-27 17:18:41 UTC

    Original post: https://twitter.com/i/web/status/1707082343398191588

  • “Q: Curt: Why are corporations allowed to own houses anyway? Do they use them fo

    —“Q: Curt: Why are corporations allowed to own houses anyway? Do they use them for their employees?”—

    If you are referring to the tendency of capital-rich investment companies buying up properties and by doing so raising the price of properties, at the same time interest rates are rising, thereby causing ordinary people to suffer the loss of opportunity for a home – then yes, this SHOULD be a violation of the prohibition on market manipulation by causing price appreciation without contributing to production.

    Our organization aims to correct this problem permanently, though explaining it here in detail would produce a wall of text that the normies generally complain about. Let’s just say instead, that solving this problem is relatively simple, and fixing the entire financial and consumer credit system is also relatively simple.

    The question is, will you vote into power the people who will do it, or will you show up in the millions to demand it if not.

    We have worked very hard to solve every substantive problem that emerged due to our economic and political experiments in the twentieth century. We have the greatest set of policies ready to implement since the Roman Reforms.

    But no one is going to listen to us, or to you, until we show up at the polls, or show up in protest, and demand, as did our founders, a common law suit against the state for the redress of grievances.

    Cheers

    Reply addressees: @Dontcar25448459 @StephenThomasHC


    Source date (UTC): 2023-09-27 17:18:29 UTC

    Original post: https://twitter.com/i/web/status/1707082294060584960

    Replying to: https://twitter.com/i/web/status/1707079331489398980

  • RE: Treasury Backed Mortgages At Low (Zero) Interest It is an obvious determinis

    RE: Treasury Backed Mortgages At Low (Zero) Interest

    It is an obvious deterministic necessity – where folks like us are frustrated that it takes so long for the institutions to catch on to the crayon-level solution to a long-term problem. πŸ˜‰ And then to congratulate themselves, claim brilliance and leadership for recognizing the sky is blue.

    That’s another way of saying that those of us who understand history, economics, and behavioral science are doomed to suffer the incompetence of the majority who don’t. πŸ˜‰

    Reply addressees: @StephenThomasHC


    Source date (UTC): 2023-09-26 16:02:05 UTC

    Original post: https://twitter.com/i/web/status/1706700680344354816

    Replying to: https://twitter.com/i/web/status/1706687159325823293

  • WHY DO WE HAVE MARRIAGE LICENSES? AND WHAT IS A MARRIAGE FOR THAT MATTER? (Histo

    WHY DO WE HAVE MARRIAGE LICENSES? AND WHAT IS A MARRIAGE FOR THAT MATTER?
    (Historically, for the same reason we have title companies for our homes and automobiles, and insurers to protect those assets. Today to destroy our civilization from within?)

    TERMINOLOGY
    (a) License is just a term that the state can use, but that’s not its purpose. Most of the time, states use the term “Marriage Certificate” which allows third parties to verify the marriage exists and committments by both parties are enforcible.

    HISTORICALLY
    (a) Marriage was a contract between the sexes on one hand, and public marriage a committment by the people and the polity to insure the marriage by **non interference in the marriage**. Essentially a property right of both parties.

    (b) To protect the common good, the church then the government or both enforced the contract between the parties, and between that party and the public. The broadest funciton of the state is ‘insurer of last resort’. Much of what governments do act as an insurer. Regulation is by and large an act of insurance of the people gainst harm.

    (c) The state In it’s role as an insurer against harms by others, and with marriage crimes being common in history, including bigamy, undermining a marriage, and divorce, states had an interest in suppressing marriage crimes. So laws regulating divorce and the distribution of assets (usually children and what you brought into the marriage for the woman, and what he accumulated during marriage for the man (if anything).)

    (d) Given that families were one’s primary economic and survival insurer, and especially the insurer of the offspring, such that single mothers and abandoned children didn not brecome a hazard to local society, historically speaking **marriage was a union between families not just individuals**.

    (e) As such, as populations and mobility increased, notices were published usually in the churches (the “Bans”) to prevent bigamy and to ask the community if there were objections. (We still ask for objections in our traditional wedding vows today.)

    (f) In the USA where religion was inconsistent, and cross-religious marriage common, marriage licenses evolved because the state officials could conduct marriage instead of just the church. So in practice – a marriage license is a **record of a contract** that the state can enforce, and prevention of false claims that attempted to make the state enforce.

    (g) In the USA, the marriage license was expanded from preventing bigamy and limiting divorce crimes, and next used to prohibit interracial marriages, and later, once awareness of blood type incompatibility and its affect on children, and later to assist in shared credit and state benefits.

    THEREFORE
    1. Does the state have a role in enforcement of a contract and in defense of the asset of the marriage?
    … (Yes, certainly).
    2. Does the state have a role in determining how marriage may be used for circumventing law, abridging cultural norms and traditions, or other impositions of costs upon the community given that the family is the first of the formal institutions of any polity?
    … (Probably)
    3. Does the state have a role in determining if other than a man and a woman can engage in marriage? No historical evidence. No necessity. Same can be accomplished by private contract, including exchange of powers of attorney.
    … (Questionably.)
    4. Does the state have a role in ending the prohibition on the interference in a marriage; or enacting no fault divorce, forcing common property, or alimony, or child support?
    … (Absolutely not)

    The Progressive Administrative, Managerial State, in league with the left, and the feminists, have destroyed the institution of marriage, the family as insurer, and the public’s defense of that institution and contract – and with it the first and most necessar instituion of behavioral, social, cultural, economic, and political constructoin.

    Just as the left said it would – and did.
    So, what is the difference between war against life and physical capital without, versus war against behavioral and institutional capital within?

    There isn’t any other than the rate of destruction.
    It’s still war.

    Cheers
    Curt

    Reply addressees: @Xeranx @Eliendssss @return_of_rome @schizarella


    Source date (UTC): 2023-09-25 21:45:21 UTC

    Original post: https://twitter.com/i/web/status/1706424678523293696

    Replying to: https://twitter.com/i/web/status/1706304616265117798

  • The Coming Asset Forfeiture and Restitution for The Enemy’s Crimes. 1) If one vi

    The Coming Asset Forfeiture and Restitution for The Enemy’s Crimes.
    1) If one violates the principle of the common law, neither legislation, regulation, or code, must exist for the crime to be prosecuted.
    2) Most crimes of the present crisis are violations of the natural, common, concurrent law, even if not prohibited in legislation regulation or code.
    3) Asset Forfeiture does not require intent by the owners of the assets to engage in a crime, only that the assets were used or gained in the process of that crime.
    4) This will be the largest reorganization and redistribution since the Roman Reforms, and will forever prohibit a repetition of these crimes.


    Source date (UTC): 2023-09-23 16:34:56 UTC

    Original post: https://twitter.com/i/web/status/1705621782831468544

  • WHY GOLD SILVER ETC? Rare, non perishable, decorative, status symbol. Generated

    WHY GOLD SILVER ETC?
    Rare, non perishable, decorative, status symbol.
    Generated widespread demand.
    Generated value.
    Low volume and weight to value.
    Produces consistent weight as measurement.
    So produces (better than amounts of grain) units of measure
    Produces accountancy.
    Produces debits and credits.
    Produces finance
    Produces investment in capital.
    Produces combined investment in capital.
    Reduces prices for all.

    Until fiat currency, and the abilty to enforce it, there was no alternative.
    Even now both fiat and digital are dependent upon institutions to maintain them.
    So even now they remain the stort of value of last resort, with the greatest security: commodity money.

    Reply addressees: @radiofreenw


    Source date (UTC): 2023-09-19 18:08:41 UTC

    Original post: https://twitter.com/i/web/status/1704195825704763393

    Replying to: https://twitter.com/i/web/status/1704171240951579028

  • Property tax is an unethical method of producing an unaccoutable discretionary r

    Property tax is an unethical method of producing an unaccoutable discretionary revenue stream for unaccoutable officials, instead of an itemized list of services provided, the payments against debts, the outstanding debt on each, the time before it’s paid off. And most…


    Source date (UTC): 2023-09-18 22:36:42 UTC

    Original post: https://twitter.com/i/web/status/1703900884311163306

    Replying to: https://twitter.com/i/web/status/1703814838676250931