Re: Georgists, DEFINITELY not the sharpest pencils in the box!

Les Cargill <lcargill@xxxxxxxxxx> wrote:

Bob Kolker wrote:

royls@xxxxxxxxx wrote:



Well, he did refer to George, in the article which you claim to have
read and understood, as an "eminent social philosopher," and has
echoed George's principal economic views: freedom of production and
trade, equal rights, land rent recovery, secure property in the
products of one's labor. If Buckley isn't a Georgist, he is at least
sympathetic to most Georgist views.


As methods of taxation go, taxing the the unimproved value of land is
probably less bad than taxing incomes and sales. All we have to do is
solve The Old Widow Jones problem.

They have done that. It is a non-starter. If the Widow Jones lives on
Manhattan, she might oughta move, but other than that...

Tough ***, but it's true. High land value represents high potential
use, profit or convenience of a given land plot.


LVT can only provide a limited
revenue stream which means the government is limited in the mischief it
might do. Currently the government picks everyone's pocket and what is
worse, it redstributes income. Usually from the middle class to the
corporate establishment. The biggest welfare bums in the U.S. system are
subsidized corporations.

Some of the subsidies have positive externalities. Then what?

WHich ones, out of curiosity?


--
regards , Peter B. P. - http://titancity.com/blog
http://markedspartiet.dk, http://macplanet.dk
http://siad.dk
.