Posted by swamphawk22 on 1/4/2011 3:28:00 AM (view original):
There isnt a single thing in the entire country that the government does not have its fingers in.
Suburbs were as close to free market as is possible!
Not true. My arguments aren't based on a technicality. If you want to make the suburbs as close to free market as possible (which I believe is the stated goal of conservatives), there are a few things that must be done.....
- Minimize the government's role in the mortgage industry. Stop government insured loans. Stop allowing mortgage interest deductions and other housing deductions. Wanna cut down that deficit? This is an area were we can save about 100 billion a year. There's la lot of anti-Freddie and Fannie rhetoric today, but few understand the effect that those institutions had on the housing market. The reason that the government created Freddie and Fannie is because no private investors were willing to create a secondary mortgage market.
The 30 year fixed rate mortgage is a government invention. How different would the housing market be if a majority of the mortgages were only 5 years?
- Minimize zoning laws. Like I said before, it shouldn't be illegal to want to open a corner store in a residential area. If you want to protect the value of your home, rely on the market and purchase home equity insurance. Wanna keep the local store out of your neighborhood, create a property association. In a free market economy, it is not up to the state to insure the value of your home. It shouldn't be up to the state to mandate parking requirements either. Let the market decided the amount, if any, of parking necessary.
- Change the property tax structure. The current system used in most cities and counties places heavy emphasis on the structure built on the property. You're taxes increase depending on the value of this structure. In a free market economy, it would make more sense to tax the land itself and allow the owner to build on the property tax free. Owners still pay taxes on the materials, so why double tax on the structure as well?
- Eliminate big box tax incentives. Does Walmart really need the help of the taxpayer? Stop subsidizing these massive retailers. That mall that you love so dear receives tens of millions in subsidies from the taxpayer. Why, in a free market economy, are we giving away tax breaks, infrastructure and land to large corporations?
- Make suburban tenants pay the true cost of infrastructure. Make them pay for water, for example, on a per unit basis. In a lot of cases, suburbanites would pay twice as much for water then their denser urban counterparts. Doesn't that just makes sense? If it costs more to supply you with water, shouldn't you pay more for that water?
- If the argument against mass transit is that it doesn't pay for itself and, therefore, is not fair to those who don't use it, then apply that same standard to those who drive since user fees in no way cover the cost of driving. Want new and wider roads in the 'burbs? Then be prepared to pay more tolls and hike gas taxes to a level that will cover the cost of those roads. Then you can justify your argument against mass transit.
Anyone who claims to support capitalism would look at these options and see that they are closer to free market principles then our current structure. You are only arguing against them because you realize that you are a major benefactor of heavy government subsidies and that exposes you as the hypocrite that you are. The only option left for you is to deny the facts.