We can have one without the other
The current attitudes toward government and its accompanying fiscal malaise can be explained in good part by the groundswell of resentment people feel about paying taxes. The dilemma has its roots, I believe, in the economic paradigm dominating public thought and discourse for the past… Read More »What is Rent?
Nicolaus Tideman image: Daniel Thiele on Unsplash In ancient Sumer, it was customary for a new monarch, upon ascending his throne, to cancel the debts of farmers to their landlords.[1] (The debts of merchants to one another, however, were not canceled.) The Hebrew Bible establishes a similar economic… Read More »The Role of Debt Cancellation in Implementing Land Value Taxation
by Fred Foldvary and Nicolaus Tideman Governments owe compensation for the losses that individuals and companies incur from the temporary shutdowns that they, these governments, have imposed in response to the coronavirus pandemic. The compensation they owe must be on-going compensation rather than the one-time… Read More »Compensating for Lost Revenue During COVID 19
The COVID-19 pandemic and the containment measures taken to control it likely will be together the seminal economic events of a generation, surpassing the financial crisis of 2008 and rivaling stagflation in importance. Indeed, unlike 2008 and like stagflation, this crisis is manifesting as a… Read More »COVID-19 factors of production
By Frank de Jong “You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.” ~ R. Buckminster Fuller Cryptocurrencies, like Bitcoin, are a form of anonymous, electronic currency that is not backed by… Read More »Will Cryptocurrencies Force Land Value Taxation?
New Introductory Video Land Value Taxation (also known as split-rate real property taxation, and two-tiered real property taxation) is a type of real property taxation. Whereas the typical real property tax taxes both land and the improvements on the land at the same rate, LVT taxes land at… Read More »Video: An Introduction to Land Value Tax
By John H. Beck Some politicians who favor of protectionist trade policies have recently claimed that tariffs will not raise prices for American consumers. They claim instead that foreign producers will bear the burden of these taxes. However, proponents of free trade have refuted this… Read More »Tariffs are taxes that Americans pay
By Edward J. Dodson / January 2020 As Americans contemplate whether and how to exercise their vote in this year’s elections, they have numerous important issues to consider. One vital issue is what, if any, legislative changes will the newly-elected Federal, State and even Local… Read More »The Perfect is the Enemy of the Good, even when it comes to Raising Public Revenue
by Frank de Jong Carbon levies are fraught with variables, a whack-a-mole game of cascading effects. But interestingly, I think they will reduce both housing costs and C02 emissions. If fossil energy was purely a house-like asset, i.e., the price reflecting the cost of production,… Read More »Rev up the Carbon Taxes
Yesim Sayin Taylor / October 21, 2019 The idea of imposing a “land value tax” in the District pops up from time to time. Rick Rybeck at Just Economics has been promoting land value taxes for as far as I could remember. Both the 2013… Read More »Land Value Tax: Can it Work in the District?
