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Common Wealth Canada

@commonwealthcanada

"My paycheck goes straight to rent -- there's nothing left." How many Canadians see 50-100% of their income get sucked up by land rents and income taxes? We should untax work, and shift taxes to the rental value of land.

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GenSqueeze's Paul Kershaw tells the hard truth about Canada's housing crisis: "To restore affordability for all, we need home prices to minimally stall or fall, so that earnings have a chance to catch up... 70% of Canadians support this." It's time to tax land, not paycheques.

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Common Wealth Canada

There's hope yet for the next generation. Tax the land. LVT🫱🏻‍🫲🏼UBI

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Common Wealth Canada

Would you vote for a policy that makes homes more affordable, but noone could profit much from rising home prices? This is the trade-off we need to ask for future generations.

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The greatest conflict of interest: 95% of Canadian MPs own property, 40%+ are landlords. "They definitely don't want the price to go down because they need the money." Nobody in office is saying it: homes can't both be good investments and affordable.

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Common Wealth Canada

She had to pull the mic away twice 😂 Our biggest problems come from the overfinancialization of housing

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Common Wealth Canada

"We have enough flippin' tax" Yes, on things that make society better and more productive, like work and building homes. We should shift those taxes to land value instead.

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Common Wealth Canada

Workers are overtaxed and 'double-billed': they pay tax on income, which funds public goods that raise their rent. The late economist Fred Foldvary said this is a major cause of income inequality and why we should tax land instead of wages.

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UBC's Patrick Condon has 3 solutions to the housing crisis, and it's all about land. 1. Stop using tax dollars to boost demand even more. 2. Capture land value to benefit the public, not speculators. 3. Use that value to build affordable housing.

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How to unf**k the economy This finance expert says tax land. Land rents are effectively a tax on the next generation and workers. We should AXE THE TAX on young people by sharing land value better. This is how to unf**k Canada

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By taxing land instead of buildings, owners in both scenarios pay the same amount. This encourages more efficient land use and discourages holding just for appreciation—making our housing system work better.

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