;; gorilla-repl.fileformat = 1 ;; ** ;;; # Exponential Tax worksheet ;;; ;;; This worksheet illustrates the effect of an exponential land tax on holdings of different sizes. ;;; ;;; ## Background ;;; ;;; In Scotland (and in many third world countries), ownership of land is highly concentrated in the hands of a very few, very rich people. This is bad from many points of view; this document isn't really the place to make those arguments. ;;; ;;; For more of the argument, read: ;;; ;;; * [Quarter of a million crofts](http://blog.journeyman.cc/2014/12/quarter-of-million-crofts.html) ;;; * [The Law of Freedom in a Web Page](http://blog.journeyman.cc/2015/03/the-law-of-freedom-in-web-page-or-true.html) ;;; * [Me and you and the Duke of Buccleuch](http://blog.journeyman.cc/2014/12/me-and-you-and-duke-of-buccleuch.html) ;;; ;;; So, having made that introduction, onto the code. ;;; ;;; ## First, some definitions ;;; ;;; ### The namespace ;;; ;;; First of all, we need to declare a namespace and the libraries on which this code depends. ;; ** ;; @@ (ns exponential-tax.core (:require [clojure.math.numeric-tower :as math] [gorilla-repl.table :refer :all])) ;; @@ ;; => ;;; {"type":"html","content":"nil","value":"nil"} ;; <= ;; ** ;;; ## Summing an exponential series ;;; ;;; My proposal for exponential land tax is based on the idea that you pay *a little bit on the first hectare, a bit more on the next, a bit more on the next, and so on*. It's based on that because I started with the legend of the [grains of rice on a chess-board](http://www.singularitysymposium.com/exponential-growth.html). ;;; ;;; So the amount of tax you pay is Σ1..n(cn)e, where *n* is the number of hectares you own. ;;; ;;; Actually, this is almost a purposeless complication; simply applying the exponential function to the number of hectares in a holding scales almost as rapidly. But I think the concept of *a little bit for the first hectare, a bit more for the next, and so on* is easy for folk to grasp. ;;; ;;; But to be able to compute this, we need to be able to construct and sum exponential series. So here's a function to do that. ;; ** ;; @@ (defn summed-exponential-series "Sum an exponential series from 1 to limit. `constant`: the constant by which integers in the range are multiplied; `exponent`: the exponent to which they are raised; `limit`: the limit of the range to be summed." [constant exponent limit] (reduce + (map #(math/expt (* constant %) exponent) (range limit)))) ;; @@ ;; => ;;; {"type":"html","content":"#'exponential-tax.core/summed-exponential-series","value":"#'exponential-tax.core/summed-exponential-series"} ;; <= ;; ** ;;; ## Formatting money ;;; ;;; It may be convenient to be able to format amounts of money, so here's a function to do this. ;; ** ;; @@ (defn format-money-amount "Format the number passed as argument as an amount of money (pounds and pence). `n`: the amount of money." [n] (format "£ %,12.2f" n)) ;; @@ ;; => ;;; {"type":"html","content":"#'exponential-tax.core/format-money-amount","value":"#'exponential-tax.core/format-money-amount"} ;; <= ;; ** ;;; ## Print out sample taxes given a table of holdings ;;; ;;; Since we need to know who will pay how much tax, we're going to want to be able to format a table of taxes due. ;; ** ;; @@ (defn sample-taxes "Prints sample taxable amounts for a table of holdings." [constant exponent holdings] (table-view (map #(list (first %) (format-money-amount (summed-exponential-series constant exponent (second %)))) holdings) :columns ["Holding" "Tax"])) ;; @@ ;; => ;;; {"type":"html","content":"#'exponential-tax.core/sample-taxes","value":"#'exponential-tax.core/sample-taxes"} ;; <= ;; ** ;;; ## And then, of course, we need the actual sizes of holdings ;;; ;;; These numbers are, as far as I can establish, more or less accurate. Add holdings you're interested in to this list. ;; ** ;; @@ (def holding-sizes [["Average croft" 5] ["Average farm" 101] ["Glasgow Airport" 300] ["Edinburgh Airport" 400] ["Grangemouth Refinery" 700] ["Thousand hectares" 1000] ["Ten thousand hectares" 10000] ["Countess of Sutherland" 33000] ["Earl of Seafield" 40000] ["Captain Alwynn Farquharson" 51800] ["Duke of Westminster" 54000] ["Duke of Atholl" 58700] ["Duke of Buccleuch" 109000]]) ;; @@ ;; => ;;; {"type":"html","content":"#'exponential-tax.core/holding-sizes","value":"#'exponential-tax.core/holding-sizes"} ;; <= ;; ** ;;; ;; ** ;; ** ;;; ## The Variables ;;; ;;; There are two key variables in this scheme, the constant and the exponent. ;;; ;;; ### The constant ;;; ;;; The constant is the amount the first hectare is taxed. It can be very small - a few pennies will do to start. ;; ** ;; @@ (def c 1) ;; @@ ;; => ;;; {"type":"html","content":"#'exponential-tax.core/c","value":"#'exponential-tax.core/c"} ;; <= ;; ** ;;; ### The exponent ;;; ;;; The exponent is the amount each successive hectare's tax is multiplied by. It, too, can be surprisingly small - it needs to be above one, but it doesn't need to be much above one. ;; ** ;; @@ (def e 1.05) ;; @@ ;; => ;;; {"type":"html","content":"#'exponential-tax.core/e","value":"#'exponential-tax.core/e"} ;; <= ;; ** ;;; ## Right, let's put that all together! ;; ** ;; @@ (sample-taxes c e holding-sizes) ;; @@ ;; => ;;; {"type":"list-like","open":"
","close":"
","separator":"\n","items":[{"type":"list-like","open":"","close":"","separator":"","items":[{"type":"html","content":""Holding"","value":"\"Holding\""},{"type":"html","content":""Tax"","value":"\"Tax\""}],"value":"[\"Holding\" \"Tax\"]"},{"type":"list-like","open":"","close":"","separator":"","items":[{"type":"html","content":""Average croft"","value":"\"Average croft\""},{"type":"html","content":""£ 10.53"","value":"\"£ 10.53\""}],"value":"(\"Average croft\" \"£ 10.53\")"},{"type":"list-like","open":"","close":"","separator":"","items":[{"type":"html","content":""Average farm"","value":"\"Average farm\""},{"type":"html","content":""£ 6,204.08"","value":"\"£ 6,204.08\""}],"value":"(\"Average farm\" \"£ 6,204.08\")"},{"type":"list-like","open":"","close":"","separator":"","items":[{"type":"html","content":""Glasgow Airport"","value":"\"Glasgow Airport\""},{"type":"html","content":""£ 58,191.38"","value":"\"£ 58,191.38\""}],"value":"(\"Glasgow Airport\" \"£ 58,191.38\")"},{"type":"list-like","open":"","close":"","separator":"","items":[{"type":"html","content":""Edinburgh Airport"","value":"\"Edinburgh Airport\""},{"type":"html","content":""£ 105,040.07"","value":"\"£ 105,040.07\""}],"value":"(\"Edinburgh Airport\" \"£ 105,040.07\")"},{"type":"list-like","open":"","close":"","separator":"","items":[{"type":"html","content":""Grangemouth Refinery"","value":"\"Grangemouth Refinery\""},{"type":"html","content":""£ 331,177.47"","value":"\"£ 331,177.47\""}],"value":"(\"Grangemouth Refinery\" \"£ 331,177.47\")"},{"type":"list-like","open":"","close":"","separator":"","items":[{"type":"html","content":""Thousand hectares"","value":"\"Thousand hectares\""},{"type":"html","content":""£ 688,336.48"","value":"\"£ 688,336.48\""}],"value":"(\"Thousand hectares\" \"£ 688,336.48\")"},{"type":"list-like","open":"","close":"","separator":"","items":[{"type":"html","content":""Ten thousand hectares"","value":"\"Ten thousand hectares\""},{"type":"html","content":""£ 77,303,938.64"","value":"\"£ 77,303,938.64\""}],"value":"(\"Ten thousand hectares\" \"£ 77,303,938.64\")"},{"type":"list-like","open":"","close":"","separator":"","items":[{"type":"html","content":""Countess of Sutherland"","value":"\"Countess of Sutherland\""},{"type":"html","content":""£ 893,688,616.49"","value":"\"£ 893,688,616.49\""}],"value":"(\"Countess of Sutherland\" \"£ 893,688,616.49\")"},{"type":"list-like","open":"","close":"","separator":"","items":[{"type":"html","content":""Earl of Seafield"","value":"\"Earl of Seafield\""},{"type":"html","content":""£ 1,325,738,877.59"","value":"\"£ 1,325,738,877.59\""}],"value":"(\"Earl of Seafield\" \"£ 1,325,738,877.59\")"},{"type":"list-like","open":"","close":"","separator":"","items":[{"type":"html","content":""Captain Alwynn Farquharson"","value":"\"Captain Alwynn Farquharson\""},{"type":"html","content":""£ 2,252,234,219.56"","value":"\"£ 2,252,234,219.56\""}],"value":"(\"Captain Alwynn Farquharson\" \"£ 2,252,234,219.56\")"},{"type":"list-like","open":"","close":"","separator":"","items":[{"type":"html","content":""Duke of Westminster"","value":"\"Duke of Westminster\""},{"type":"html","content":""£ 2,452,703,794.50"","value":"\"£ 2,452,703,794.50\""}],"value":"(\"Duke of Westminster\" \"£ 2,452,703,794.50\")"},{"type":"list-like","open":"","close":"","separator":"","items":[{"type":"html","content":""Duke of Atholl"","value":"\"Duke of Atholl\""},{"type":"html","content":""£ 2,910,359,665.77"","value":"\"£ 2,910,359,665.77\""}],"value":"(\"Duke of Atholl\" \"£ 2,910,359,665.77\")"},{"type":"list-like","open":"","close":"","separator":"","items":[{"type":"html","content":""Duke of Buccleuch"","value":"\"Duke of Buccleuch\""},{"type":"html","content":""£ 10,350,620,262.71"","value":"\"£ 10,350,620,262.71\""}],"value":"(\"Duke of Buccleuch\" \"£ 10,350,620,262.71\")"}],"value":"#gorilla_repl.table.TableView{:contents ((\"Average croft\" \"£ 10.53\") (\"Average farm\" \"£ 6,204.08\") (\"Glasgow Airport\" \"£ 58,191.38\") (\"Edinburgh Airport\" \"£ 105,040.07\") (\"Grangemouth Refinery\" \"£ 331,177.47\") (\"Thousand hectares\" \"£ 688,336.48\") (\"Ten thousand hectares\" \"£ 77,303,938.64\") (\"Countess of Sutherland\" \"£ 893,688,616.49\") (\"Earl of Seafield\" \"£ 1,325,738,877.59\") (\"Captain Alwynn Farquharson\" \"£ 2,252,234,219.56\") (\"Duke of Westminster\" \"£ 2,452,703,794.50\") (\"Duke of Atholl\" \"£ 2,910,359,665.77\") (\"Duke of Buccleuch\" \"£ 10,350,620,262.71\")), :opts (:columns [\"Holding\" \"Tax\"])}"} ;; <= ;; @@ ;; @@