Tim Crinion
@timcrinion
Follower of Jesus. Like maths, art and music. Georgist🔰
How did the landowners distract us so much from Henry George?
It's taken for granted that fines on speeding drastically reduce it, but not that taxes on work, trade and business drastically reduce them. Why? Is it because powerful people don't want us to start thinking about what would happen if we tax the only thing that cannot be reduced?
It's taken for granted that fines on speeding drastically reduce it, but not that taxes on work, trade and business drastically reduce them. Why? Is it because landowners don't want you to start thinking about what would happen if we tax the only thing that cannot be reduced?
A whole village in Dorset is being evicted by the company that owns the land they live on: theguardian.com/commentisfree/… Another proof that the UK is a landocracy.
It is taken for granted that making people pay money for speeding discourages speeding. But not that taxing people for productivity prevents productivity. It is better to tax people for what they subtract from the natural world than for the productivity they add to the world
Please sign. This would allow babies to be murdered the day before their birth. righttolife.org.uk/uptobirth?
The effect of tax on both land and man-made things, according to supply and demand:
Ignore that people deserve to own what they make, and no one made land. Here are 2 proofs that it is still better to tax land than man-made things:
The UK is becoming a landocracy. Free markets regulate prices of man-made things because supply can change in response to demand. The same is not true for land prices, because the supply of land is fixed. Once all the land is owned, its owners own everyone else. The fix:
We punish those who build—and reward those who hoard. A land value tax changes that by shifting taxes off buildings and onto the value of the land itself.
Tax what people take from the world, not what they give to the world.
People deserve to own what they make. Human ownership of land is harder to justify. When all land is owned, it becomes slavery. #HenryGeorge #Georgism #RicardosLawOfRent
If the law of supply and demand is true, then LVT cannot simply be passed to tenants. In fact, it's the only tax that cannot be passed to the consumer.
Ricardo's law of rent says that if the average person gains £x then land price will go up by £x per person. So any average increase in wage, or tax break, gets swallowed by land prices. Henry George wrote a proof that the only solution is to tax land, and nothing else.
Land value tax is the only fair tax. All other taxes punish the man-made services you add to the world. LVT would punish the natural resources you subtract from the world.
The internet is #georgist because you have to pay for the website address you own, but not for any usefulness you provide with it. The equivalent of a non-georgist internet would be one where addresses were free, but you were charged whenever your website did anything.
We're overtaxing workers and productivity and undertaxing land.
The internet is georgist because you pay for the web address you own, but not for any usefulness you provide with it. Imagine web addresses were free, but you had to pay whenever you did something useful with them. Soon a few people would own all of them and do little with them.