patergentium/wellspring
1
0
Fork 0
Code Issues 1 Pull Requests Packages Projects Releases Wiki Activity

Update 03-taxation-apologia.md

Browse Source
This commit is contained in:
wellspringcp
2020-09-13 16:14:42 +10:00
committed by GitHub
parent a9480210b1
commit a678003bbc
1 changed files with 3 additions and 1 deletions
Download Patch File Download Diff File Expand all files Collapse all files

4
03-treasury-and-taxation/03-taxation-apologia.md
View File

@@ -14,7 +14,9 @@ We can imagine situations where a natures lord charges intentionally low rent on
#### Buying votes:
We can imagine situatiosn where a head-tenant enters other indepagants onto their rental agreement as co-tenants in order to grant them the vote where they would not have had the vote otherwise. In order to combat this, we legally constrain financial liability for rent to be equally shared, by law, among all co-tenants. This places a disproportionate amount of power into the hands of the head-tenant of such a vote-buying scheme and puts the artificial co-tenants at the head-tenant's mercy, in that the head-tenant may put the artificial co-tenants into debt merely by refusing to reimburse them their share of the rent payable, and they would have no recourse through the courts. The artificial co-tenants would also incur damages to reputation as they get recorded as derelict tenants if they don't pay off such debts. This should act as a sufficient disincentive to most rational actors.
We can imagine situatiosn where a head-tenant enters other indepagants onto their rental agreement as co-tenants in order to grant them the vote where they would not have had the vote otherwise. In order to combat this, we legally constrain financial liability for rent to be equally shared, by law, among all co-tenants. This places a disproportionate amount of power into the hands of the head-tenant of such a vote-buying scheme and puts the artificial co-tenants at the head-tenant's mercy, in that the head-tenant may put the artificial co-tenants into debt merely by refusing to reimburse them their share of the rent payable, and they would have no recourse through the courts. The artificial co-tenants would also incur damages to reputation as they get recorded as derelict tenants if they don't pay off such debts.
Note that this doesn't make it illegal to accept such an arrangement; accepting to place one's name on a co-tenancy agreement in order to gain the vote carries no legal penalty. It is merely financially risky. This should act as a sufficient disincentive to most rational actors.
### Upper limit on taxation: