A rallying cry in the fight for justice

16 Jul 2010 at 08:21

Macrocompassion

How can we develop a socially just society when the rights to work through access to land (one of the 3 necessary factirs of production) are held by a minority group of land owners, speculators and bankers? We need to make it unworthwhile to stop people from using the land. Speculators in its valuse should not be allowed to hold it out of use without paying a fine that is returned to the public purse instead of making this land available at a lower cost. TAX LAND NOT PEOPLE; TAX TAKINGS NOT MAKINGS! 14 ASPECTS of LAND-VALUE TAXATION affecting Government, Land Owners, Community and Ethics 3 aspects for GOVERNMENT 1. Most of the ground-rent being collected as LVT, adds to the national income. It allows the other taxes on earnings, purchases and family/corporate ownership of buildings to be reduced and eventually to be eliminated. 2. The ownership of each land parcel is registered. Then the cost of collecting the LVT is much smaller than for income tax and other production-related taxes. Using regularly updated maps, the rental value of each site (as if without buildings) is public knowledge. Then the LVT is simple to understand, the amount of tax is easily found and its payment by the land owner is impossible to avoid. 3. With LVT, the national economy stabilizes and no longer experiences the 18 year housing boom and bust cycle, which was due to the changing prices that arose from speculation in land-values during town expansion. 6 aspects affecting LAND OWNERS 4. LVT is progressive, the owners of the most potentially productive sites pay the most tax. None is paid on marginally productive sites, since their owners cannot claim ground-rent from possible tenants. 5. The land owner pays his LVT regardless of how the land is used. When the land is leased to tenants most or all of the resulting ground-rent is the tax. 6. LVT stops the speculation in land prices because any withholding of land from proper use is too costly. 7. The introduction of LVT reduces the sales price of sites even though their value (or potential usefullness) may continue to grow. 8. With LVT, land owners are unable to pass the tax on to their tenant renters, due to the competition for land use. The users of (untaxed) marginal sites price their produce according to the costs of their labour, the use of the durable capital and the added transport needs. Owners/occupiers who access more productive land pay LVT/ground-rent and compete in their production, so this tax cannot be added to what buyers willingly pay. 9. With the introduction of LVT, land prices will drop. Speculators in land values will tend to foreclose on their mortgages and to withdraw their money for reinvestment. Depending on the rate of these changes, bankrupcies can result. Then LVT should be introduced gradually to allow the investors sufficient time to transfer money to company-shares in durable capital goods, where their greater use will meet the increased demand for produce (see below). 3 aspects regarding our COMMUNITY 10. With LVT, there is an incentive to use land for production, rather than it laying idle or being partly used. An optimum amount of urban land is brought into use, which reduces the spread of suburbs onto rural land and avoids vacant city centers. 11. With LVT, greater working opportunities exist due to cheaper land and a greater number of available sites. Consumer goods become cheaper because entrepreneurs have less difficulty in starting-up and running their businesses. Demand grows, unemployment decreases and with it a reduction in the polarization of our class-society and its degree of poverty. 12. As LVT is introduced, investment money is withdrawn from land and placed in durable capital goods. The investors in company shares tend to be wage-earners (as well as banks and monopolists). Their decisions favour more competition and cheaper local production without heavy transport costs, whilst the monopolists have less control of prices and the unavailability of alternative goods. This is a natural trend of our free-marketing social system. 2 aspects about ETHICS 13. The collection of taxes directly from productive effort and commerce is socially unjust. The associated philosophy favours coercive robbery and is “Robin Hood” in style. LVT replaces this form of extortion by gathering the surplus rental income which comes without exertion. Consequently LVT is a natural system of money-gathering, which avoids the present-day distortion of business economics. 14. Bribery and corruption cease with LVT. Before, this was due to the leaking of news of municipal plans for housing development. However, the speculation in land values is no longer worthwhile after LVT is in place.

03 Jun 2011 at 21:11

william cavender

Most democrats are scabs and free loaders. They are too lazy and stupid to make a good living on their on, so they want the Idiotic Federal Government, to take from the producers and give it to the non producers. This bunch of morans led by the moran in Chief (Osama Obama) are very good at doing just that.. The queston is , just what are they going to do when they run out of other peoples money.