121 years ago today economist Henry George died of a stroke in NYC….just thought I would help people understand his theories which make more sense than the stupidity of the tax cuts of the political parties these days…..
Taxes is always a hot item during elections…..Repubs promising to lower taxes and improve the quality of life and the Dems are accused at raising taxes and bankrupting the nation…..just how that works is a source of much laughter.
Anyway there is a way to taxation that is good for the econ0my, the nation and the government.
Years ago I studied with the Henry George Foundation……it covers the idea of a Land Value Tax…..LVT is gaining popularity as the theory becomes more accessible…..I have written about the theory before……https://lobotero.com/2009/01/02/ever-hear-of-land-value-taxation/
Or if reading is not your thing…….
As I have said this theory is gaining in popularity…..especially in Europe……the video is a very good one and if my reader would just give it a listen then they might also find the theory to their liking……
As I have mentioned….this theory is gaining more and more support especially in Europe…..
The signature campaign is in place to launch the first [Georgist] political party from The New Physiocratic League, which will create a model for more political parties to come.
The New Physiocratic League (https://newphysiocrats.org), a political-economic project with a mission to create a world where we regain and amplify our earned income and democratize our physical space, launches a campaign for the first Georgist political party in decades and pave the way for more Georgist political parties to be established.
The policies of the New Physiocrats are expected to achieve more money in your pocket, soaring purchasing power, and a return to spaces of great architecture & beauty. To do so, The New Physiocrats are starting to collect signatures in Croatia (Zagreb and Vukovar) for one of the first Georgist political parties in decades, which will be the first of many worldwide (https://www.facebook.com/groups/NoviHrvatskiFiziokrati/). They are currently open to receiving pitches from locals to tailor the platform to their needs, and to receiving volunteers around the world to register local branches of the party.
If my reader is truly interested after watching the short vid and would like more on the subject then this is the full audiobook……
Yes it is lengthy….and if you would like a peek at what the book entails then this synopsis will help……
During the 19th century the U.S. witnessed a huge increase in wealth-producing power. People naturally expected labor-saving inventions to lessen toil and improve working conditions for all; that the enormous increase in wealth producing power would wipe out poverty forever.
Instead, however, squalor, misery, vice and crime increased and are still increasing everywhere as our villages, towns and cities grow and as new technologies bring advantages to improve methods of production and exchange.
The association of poverty with progress is the great enigma of our times. It is the source of our industrial, social and political difficulties. Our statesmen, philanthropists, and educators grapple with it in vain. This riddle, if not answered, will eventually topple our entire civilization. To solve the riddle, we must research the immutable laws governing the science of economics.
Help more people understand the economics of Henry George…the country will be better off.