Today I am setting out a plan for a radical reform of the tax system. At its heart is a land value tax (LVT) – an idea so old-Labour it can be traced back to Thomas Paine. But it is also a plan that draws on the best instincts of New Labour.
The LVT, an annual tax on the market rental value of land, would allow for the abolition of stamp duty – a tax on the aspirations of young people to put down roots and get on in life.
Furthermore, it’s not the only incidence of the land value tax being supported by electable British parties: the Liberal Democrats, one of the parties in Britain’s current governing coalition, has a pressure group urging adoption of the land value tax. The UK Green Party, which elected its first MP to Parliament in the last election, also supports a land value tax (PDF).
While the land value tax was originated by America’s classical liberal tradition-the forerunners to modern libertarianism-it seems that we’re falling behind in implementing it. Which is a shame, because of all the things that a government can tax, this might be the only thing that would be justified. Taxing land that nobody made is certainly more just than the government declaring that it has a right to a percentage of your labor. Income taxes, in a real way, are slavery. And sales taxes are no better-they hit the poor disproportionately hard, and constitute the government stealing a little piece of every transaction that you make.
However, we all have equal right to something that none of us made, the land. The land is the common heritage of its people, and the government, acting in its rightful capacity as the representative of the common interest, the rightful administrator of it, the guarantor of the equal distribution of its benefits and the truest collector of its rents.
Furthermore, taxing land values would be the shot in the arm that our economy needs. Forget stimulus packages, deficits, income taxes and the like-research on the topic done in 2000 indicates that those cities and counties that have a land value tax report more construction, economic activity and, above all else, jobs than similar areas without it.
From The Liberator Online published by the Advocates for Self-Government: Adrian Galysh, says classicrockrevisited.com, “is a West Coast guitar player who is making a name for himself in ‘guitar god’ circles…”
The 35-year-old Galysh (pronounced GAWL-ish) unquestionably is earning a reputation as a stellar guitarist. see more…
If you guys write posts that bridge the gap between politics and pop-culture (music/celebrity/entertainment), this is to let you know that we can easily syndicate it on earsucker.com. This should be a useful way for us to catapult news to a larger audience and demographic (it’s a Google News source) while HoT is still getting it’s voice of authority re-tuned. Check the stats over there to see why this is a big deal.
Is Tom (Torpedo) Tancredo (ex-Republican and full blown grassroots traitor) breaking campaign laws?
The Secretary of State has a dog in this race and it is Hickenlooper so there is no reason for him to uphold the law barring Tancredo from legally running for Governor. He would certainly, as a socialist installed Secretary of State supported by George Soros, want to split the votes between Tancredo and Maes.
Maybe Attorney General John Suthers will challenge the legality of Tancredo’s campaign for Governor. If not, who can do this for us? We need an attorney or two who are like minded to tackle this issue. There are a lot of questions not yet answered about the election laws and Tancredo’s qualification to be a candidate. Anyone got any ideas? Time is not on our side.
For those of you who vote for Tancredo, keep in mind you will become “useful idiots” for the socialists because you will be complicit in electing Hickenlooper. It is your choice. I will not cooperate with them.
Welcome to 21st century America.