Two proposals from Richard Murphy.Tax Research UKThe argument for fundamental reform of accounting as well as auditing goes onTax to Save The Environment: a land value tax with a woodland twistRichard Murphy, Professor of Practice in International Political Economy at City, University of London, and chartered accountant.
Read More »Brian Romanchuk — Principles Of Canadian Municipal Finance (And Why A Land Value Tax Is Inferior)
The fundamental question involves addressing economic rent. The first step is determine whether and to what degree economic rents are involved in changes in land valuation. Secondly, if so, how to deal with this is a manner that is socially, politically, financially, and economically feasible. Thirdly, how to optimize this, given the tradeoffs. The funding of Canadian municipal governments is not normally thought of as interesting topic; even Canadian fixed income investors...
Read More »Andrew Lainton — @Asymptosis [Steve Roth] asks a good question – why isn’t #LVT Everywhere?
I think there are three reasons: Decisions, Decisions, Decisions @Asymptosis asks a good question – why isn’t #LVT Everywhere?Andrew Lainton
Read More »Michael Hudson — “Creating Wealth” through Debt: The West’s Finance-Capitalist Road
I kid to this previously, but it was in a list of links. It is important enough to give it its own post.Hudson at his best. It's a must-read. Longish, so save it for the weekend if time is an issue.Michael Hudson — On Finance, Real Estate And The Powers Of Neoliberalism“Creating Wealth” through Debt: The West’s Finance-Capitalist Road— To be delivered at the Peking University, School of Marxist Studies, May 5-6, 2018Michael Hudson | President of The Institute for the Study of Long-Term...
Read More »Michel Hudson — Tollbooth Trump
Shamini Peries interviews Michael Hudson. Video and transcript.Michel HudsonTollbooth Trump Michael Hudson | President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City, and Guest Professor at Peking University
Read More »Alex Tabarrok — The Return of Henry George?
The notion that property owners should pay extra for their proximity to the subway is called “value capture” and has long been debated in urban planning circles. Now Gov. Andrew M. Cuomo, a Democrat, has made value capture a prominent part of his plan to salvage the subway system by proposing to give the Metropolitan Transportation Authority the power to designate “transit improvement subdistricts” and impose taxes. Marginal RevolutionThe Return of Henry George?Alex Tabarrok | Bartley J....
Read More »Andrew Lainton — Time for Think Tanks to Work on The Details of Implementing A Land Value Tax
Where thinks tanks are at there best is investigating long terms trends and international best practice, lifting eyes above the day to day crisis management of civil servants.One such area is Land Value Taxation. In our age of rentier capitalism, poor productivity and a housing crisis our latest policy hero seems to be Henry George, with think tanks across the political spectrum championing it. Of course it is far easier to propose a policy reform than to get down to the nitty gritty...
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