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Worth a read

Fred Foldvary continues to produce penetrating and provocative analysis in The Progress Report, which is always worth looking at.

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What is the point of LVT?

The primary purpose of LVT is to obtain a tax shift from those parts not having a taxable capacity on to those parts which do. If we tax those businesses with no taxable capacity they will cease. There is plenty of taxable capacity – an ability to pay tax – at those sites which enjoy more of the benefits provided by better facilities. Under our present system, some of that taxable capacity...

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Alternative vote – yes or no?

If there are three factors of production, land, labour and capital, one might logically expect three political parties reflecting these three interests. Over simplifying wildly, one could say that in the nineteenth century, before labour got the vote to any significant extent, there were two main parties reflecting the interests of land and capital. Once labour got the vote, the UK saw the rise...

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The dreaded T-word

Land Value Tax is not a tax, any more than paying to use a car parking space is a tax. It is a payment for a benefit received: the exclusive use of a plot of land and whatever benefits that go with that use. The principle is to use land rent as the main source of public revenue. Yet it has always been referred to as LVT. A point that comes up regularly from some of our supporters is this damages...

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Who is getting your earnings?

Why? What? How? Who? Why do your wages never rise above a bare minimum to live on What is causing the wealth divide How do corporations accumulate so much capital What is the cause of obscenely high pay Why do jobs seem to need to be created Why do I not feel like a free citizen Who is the biggest robber and benefits scrounger Who is taking no cuts nor bearing any burden Who is allowing this to...

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The case for a land value tax

The number of groups and individuals working for land value taxation continues to grow. There is a particularly clear explanation of the case for land value tax on the website of the Coalition for Economic Justice, to which we are affiliated, here. We also suggest taking a regular browse on all the other sites we are linked to.

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Working harder to stay in the same place

How come, when I produce so much more today, my wages never rise, I work ever longer hours, even my wife now has to work and the cost of living always rises? Who is getting the gain from my extra work. And where will it all end. When will I be able to spend more than Sunday morning with my kids? When will I get a life? How about this explanation from one of our members?

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