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What are you thinking about....
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2023-04-05 at 5:02 PM UTC
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2023-04-05 at 5:03 PM UTC
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2023-04-05 at 5:25 PM UTC
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2023-04-06 at 5:35 AM UTCHenry George's 'single tax' is an interesting idea
trying to get through Progress and Poverty -
2023-04-06 at 6:07 AM UTCchained to a shrine, have we missed our glimpse of eternity divine
fate denied
move aside -
2023-04-06 at 9:11 AM UTC
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2023-04-07 at 1:42 AM UTCAdderall and cannabis are illegal in Japan. No exceptions, whatsoever.
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2023-04-07 at 2:03 AM UTC
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2023-04-07 at 2:12 AM UTC
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2023-04-07 at 2:15 AM UTCFrom 1932-1945, The Imperial Japanese Army's Comfort Women.
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2023-04-07 at 2:52 AM UTC
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2023-04-07 at 3:16 AM UTC
Originally posted by aldra Henry George's 'single tax' is an interesting idea
trying to get through Progress and Poverty
is that the luxury tax guy from Canada
this was in my history
https://earthsharing.ca/news/tax-man-cometh-not-rentDon't you wonder why jobs are taxed, but many people get rich by collecting unearned income, which is taxed little or not at all?
There are two income streams:
“earned income” from jobs, investments, and businesses, and
“unearned income” primarily from monopoly ownership of land or resources.
Economists call unearned income “economic rent”, defined as income not subject to competition, or revenue without a corresponding cost of production.
Unearned income (economic rent) flows — mostly untaxed — to the owners of monopoly held assets like land, resources (oil, coal, copper, trees, water…), emitting CO2, the EM spectrum, agricultural supply quotas, drug patents, taxi licences, etc.
Though this unearned wealth rightfully belongs to the community, it presently flows to private asset owners, forcing governments to finance programs by levying economy-damaging dead-weight taxes on profits, incomes and sales.
Earned income belongs to those who earned it, but unearned income should be collected by governments to finance programs — in lieu of taxes on jobs, business and sales.
Unearned income should be collected to finance government, according to classical economists like Adam Smith, David Ricardo, John Stuart Mill, and Henry George, prominent people like Winston Churchill, Dr. Sun Yet-Sen, Mark Twain, and George Monbiot, and modern economists Joseph Stieglitz, Milton Friedman, Michael Hudson and Herman Daly,
Additionally:
* economic rent capture is green as it rewards value-added, labour intensive, resource-sparing production.
* rent capture is beneficial to the economy as it removes incentives for speculation, leaving capital no alternative but to invest in the job-rich productive economy rather than the job-poor speculative economy.
* land value taxation cuts mortgages roughly in half, since the purchase price of the land portion of properties is shifted to a monthly land value tax, which does not have to be financed or paid up front.
* land value capture makes new infrastructure free. Warranted infrastructure like transit, parks, libraries, schools, hospitals, rec facilities… make communities more attractive, raising land values. This land value rise is usually more than sufficient to pay for the new infrastructure. -
2023-04-07 at 3:21 AM UTC
Originally posted by scuffed jim carrey is that the luxury tax guy from Canada
this was in my history
https://earthsharing.ca/news/tax-man-cometh-not-rent
not quite, he was from the US in the late 1800s
basic idea was to tax land and materials instead of labour to combat rent-seeking behaviour, and what he saw as consolidation of wealth spreading poverty and slowing real progress -
2023-04-07 at 3:24 AM UTC
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2023-04-07 at 3:26 AM UTChttps://en.wikipedia.org/wiki/Henry_George
Henry George (September 2, 1839 – October 29, 1897) was an American political economist and journalist. His writing was immensely popular in 19th-century America and sparked several reform movements of the Progressive Era.
I guess his ideas were just popular in Canada -
2023-04-07 at 3:26 AM UTCwhy tf do we have a foundation to some random tax skitzo
ppl are weird -
2023-04-07 at 3:28 AM UTC
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2023-04-07 at 3:36 AM UTC
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2023-04-07 at 3:37 AM UTCgo lay down
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2023-04-07 at 3:38 AM UTC