Originally Posted by
Peter McGurk
When I say if I mean if. What you say would tend to lead anyone to expect you to hold socialist views. It's not an accusation - even these days. It is a reasonable deduction, nevertheless it is conditional.
Read properly and the views are nmot socialist. Just because someone wants a fairer society with an economic system that works not directing most wealth into a few hands and does not create boom & busts and world-wide crashes that does not mean socialist. I want to roll back the state - and the Tories want Big Government. More of the same tripe.
And I am neither confused nor am I stupid. At least not so stupid to take what others have said as proof of what they say. I can read The Times for myself thank you, and interpret same. I don’t need it regurgitated to me as gospel.
Read:
http://en.wikipedia.org/wiki/Georgism
Geonomics is an economic philosophy and ideology that holds that people own what they create, but that things found in nature, most importantly land, belong equally to all
Now, you are seriously suggested that Land Value Tax is responsible or even a major contributor to Hong Kong’s wealth. Right, I see. How silly of me.
Land tax is the core of it - you must be acting silly. It gives low income and corporation tax encouraging peopel to work as they keep most of their earnings and companies to set up. Honmg Kong is a fiorm of LVT as all land is leased out and owned by the state.
‘Wealth laying idle’ was at one time income was it not? and taxed as such? was it not?
It is no coincidence that the riches people in the UK are parasites (economic term) who take in rent - landowers. Duke of Westminster, etc.
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If Hyams had to pay full LVT on the land, the block would have been built ASAP, and not left idle for years on end. Look at what the USA is doing....and Auss, Tiawan, Denmark, USA, etc.
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