Re: Land Value Tax News
- From: "Phil Scott" <philscott@xxxxxxxxxxxxx>
- Date: Thu, 7 Jul 2005 00:32:24 -0700
"Mark Monson" <mmonson@xxxxxxxxx> wrote in message
news:QQGve.11081$qm.3434@xxxxxxxxxxxxxxxxxxxxxxxxx
> OIL Fields Are no Pasture for Reindeer, Federation Council
Says
> Kommersant - Moscow,Russia
> ... Russia?s Federation Council addressed Prime Minister
Mikhail Fradkov
> yesterday, advocating the increase in land tax imposed on
the fields and
> deposits of oil/gas/mining companies. The regions claim
today?s system
> of cadastral valuation underestimates the value of such
allotments
> leaving the local budgets with no money ...
> <http://www.kommersant.com/page.asp?id=586627>
>
> JULY date set for land levy launch
> Calcutta Telegraph - Calcutta,India
> The day after the civic polls in Calcutta and Salt Lake, the
Buddhadeb
> Bhattacharjee government announced the launch of land tax
collection in
> the city and ...
>
<http://www.telegraphindia.com/1050621/asp/calcutta/story_4893
215.asp>
>
> $10.8 MILLION TO BRAZIL FOR RURAL CADASTRE AND LAND
REGULARIZATION
> Harold Doan and Associates (press release) - Rocklin,CA,USA
> ... will pave the way for land use management projects,
facilitating
> government land access programs, and making collection of
the rural land
> tax more effective ...
>
<http://www.harolddoan.com/modules.php?name=News&file=article&
sid=3881>
>
> PROPERTY tax faces overhaul
> The Spokesman Review (subscription) - Spokane,WA,USA
> ... It exempted from taxation 50 percent of the value of an
owner-occupied
> home, not counting the land, up to a maximum of $50,000. ...
> <http://www.spokesmanreview.com/idaho/story.asp?ID=77136>
>
> LINGLE signs land tax into law
> Honolulu Star-Bulletin - Honolulu,HI,USA
> By BJ Reyes. Gov. Linda Lingle ignored the advice of some
fellow
> Republicans yesterday by signing a bill into law that will
increase...I
> did what was right for all the people in the state, and I
put it above
> my political career."
> <http://starbulletin.com/2005/06/24/news/story1.html>
well... I guess I saw this coming. With the decline in real
wages, escalating govt costs and 50 million of the highest tax
bracket people retiring from our US work force (Half of the
most skilled)...govt bloated like a dead pig in hot
weather.... property tax is the last refuge.
Of course with jobs cut back, tax on property with no income
is just going to drive that entire sector south... it will not
serve to increase productive use sufficiently to offset the
damage of over taxation.
Especially as the worked to death middle class will have to
work even harder to pay for it... the rich will simply find
loopholes... or run up the rents on their middle class
tennants to pay the added tax.
True idiocy in government. that has far exceeded its
constitutional mandate in the US.
Tax payers are now called on to bomb the *** out of Iraq in
an utterly bogus pre-emptive war for example... it will go
south badly.
The middle class that survives well become very highly skilled
then underwork themselves to say in low tax brackets and avoid
burn out and stress from dealing with utterly corrupt
corporate management and government.
Moi here works 10 hours a week for that reason...some times 20
hours.... not such a bad deal... its been fantastically
beneficial for my health (at age 64).
Phil Scott
.
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