Comment - Land Value Tax Campaign

Job creationism alive and well in France

Written on 18 July 2012. Posted in Economics.

Job creationism is alive and flourishing in France, with proposals to reintroduce tax and social contributions on overtime work, thereby reversing a concession introduced under the previous Presidency. How stupid can you get? FT article

More regulation will not cure the banking disease

Written on 10 July 2012. Posted in Banking.

Banking scandals are all in the news at the moment, and the solution being touted is more regulation. It can only scratch the surface of the problem. There are deeper issues here, as we have said many times before. One is the proper and improper use of credit. We would assert that it should not be used for land purchase or for the purchase of the land component of real estate. Credit should be linked...

In the spirit of open discussion – not

Written on 30 June 2012. Posted in Tax Justice Network.

I see that Tax Research is doing a great job in promoting free and open discussion. I received a reply in response to something I had sent to Richard Murphy, reinforcing a point he had made on VAT fraud. Back came this response. Just like this

The wickedness of Tax Justice

Written on 29 June 2012. Posted in Tax Justice Network.

Some further thoughts on my post from yesterday on Richard Murphy’s new comments policy.

Tax Research censorship policy

Written on 28 June 2012. Posted in Tax Justice Network.

Some of our readers will have been trying to convince Richard Murphy of Tax Research that LVT is an essential component of any serious package of reforms that will address the current epidemic of tax avoidance. He is now fed up with people try to tell him this and is imposing a censorship policy. “Having reflected on this one obvious way to cut out some work is to get rid of all the comments...

Taxation does not give representation

Written on 28 June 2012. Posted in Tax Justice Network.

Before the post war Beveridge settlement, relatively few people paid income tax. This changed on the notion that it was giving everyone a stake in the country. Organisations such as Tax Justice continue to present this view, which holds that universal taxation is an essential component of democracy. Apart from anything else it ignores the reality of tax incidence – that from the economic perspective...

“Tax Justice” can not be serious

Written on 27 June 2012. Posted in Tax Justice Network.

TJN gets funding from the Rowntree Foundation. Look where Rowntree’s money comes from! The funny thing is that TJN and its chief brain Richard Murphy have been having a go at some of the firms on the list. If they put forward a proposal that seriously addressed the problem they claimed to be concerned about, they could wake up next morning to find their supply of funds had been cut off. They...

Great news – house prices up

Written on 23 June 2012. Posted in Home-Owner-Ism.

The front page of the Daily Express on earlier this week carried the headline: HOUSE PRICES ON RISE AT LAST Joy for homeowners New joy for homeowners as market defies gloom So a rise of £1,250 a month in the price of a house is good news for anybody wanting to buy, is it?

Political Economy according to Gollum

Written on 21 June 2012. Posted in General.

I have been in discussion with someone on the blog of a supporter of LVT who sometimes writes on the subject. His ideas came under attack by an anonymous individual whose views seem to have much in common with those held by Gollum, a character from Tolkien’s Lord of the Rings. But since these idea are so widespread, the exchange is worth publishing even though it is not enlightening.

Curbing multinational tax dodging

Written on 14 June 2012. Posted in Tax Justice Network.

Where is income? Multinationals can make their profits pop-up in the country where they will pay the least amount of tax. The dodge is known as “transfer pricing”. The hound of the tax dodgers, Richard Murphy, has just made a presentation on country-by-country reporting at the Tax Justice Network’s transfer pricing conference in Helsinki. Murphy argues for country-by-country reporting....

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