Re: Re: The Great Stimulus Debate: Round I
by lvtfan
You wrote,
The speculation in land value, and its withholding from use which is the current and significant reason for the depression into which we are entering, could be lifted by the use of this form of taxion to reduce the high cost of production and similar monopolisation of its means of investment, by the encouragement of a large number of smaller entepreneurs who would be able to operate with deminished costs due to the cheeper and more readily available land and its more competitive and lower rent. We should tax what the land-monopolist takes from the community, namely the opportunity to produce, and not tax what the worker/comsumer makes and necessarily buys.
Bravo! I hope those who frequent this blog will take a careful look at what you're saying, because it can make a huge difference in what sort of economy and what sort of economy we have and leave to our children. Might I suggest some starting points for those to whom these are novel ideas? http://www.masongaffney.org/ -- particularly the first article http://lvtfan.typepad.com/ http://www.wealthandwant.com/ all speak to these issues. You might also look at http://www.answersanswers.com/
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