Natural resources should be owned by the government and rented to the highest bidder.
It's kinda crazy that we do this with wireless spectrum but not with resources like water, oil, gas, etc.
Even land should probably work like this. Rather than a property tax, you pay a yearly rent on the land, afterall the US gov is spending quite a bit to protect it from forceful seizure by other nations.
It's kinda crazy that we do this with wireless spectrum but not with resources like water, oil, gas, etc.
Even land should probably work like this. Rather than a property tax, you pay a yearly rent on the land, afterall the US gov is spending quite a bit to protect it from forceful seizure by other nations.