How do property taxes work under hyperinflation? How did they work for Depression-era Germany? Does the government go around repossessing land from people who can't pay the inflated fifty gazillion dollar property taxes, or do they acknowledge that times are weird and give people a pass? Hell, what's the point of collecting taxes when the money is worthless? Would zogbots risk their lives for a nine figure paycheck that gets them a loaf of bread a week?
I know that not everyone lost their land during the Depression, I'm just curious how people were able to stay on top of it. Maybe Weimar took control of people's land and then the Nazis redistributed it? Wouldn't surprise me if jew historians failed to report on good guy Nazis.
@MeBigbrain
Based on latin america experiences with hyperinflation, let me answer those questions:
- Property taxes (or taxes in general):
They are only updated yearly so they actually go down in real terms as everyone uses the worthless currency to pay them.
- Repossession:
Yes in theory, no in practice. With a hyperinflationary depression, they don't have the manpower to repossess everything. Many people stop paying taxes at all.
@MeBigbrain
- Workers:
No, they don't. Most will only work in the black market for foreign currency, food, medicine or precious metals. Worst case scenarios, like Venezuela, women will prostitute themselves and men will trade women (it's common for a husband to have the wife whore herself for foreign currency).
- Land:
The most important thing are connections and community. If you're well connected, you're exempt. If you have a community, you just arm up and don't let them steal your land.
