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Rod Speed Rod Speed is offline
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Default If Scotland gets independence

Doctor Drivel wrote:
"hugh" ] wrote in message
...
In message , Doctor Drivel
writes

"hugh" ] wrote in message
...
In message , Doctor Drivel
writes
hugh wrote:
In message , Doctor Drivel
writes

If we cancel the tax on people's wages, how do we pay for public
services? By levying a charge on the "value" of land. People
who live in valuable locations will pay much more than those
who live in less expensive properties. That's fair.

Why?

Because the value of land is higher in more expensive locations
where the more wealthy live. Get it?

But why is that fair?

Because the value of land is higher in more expensive locations
where the more wealthy live. Economic growth created by the
community that soaks into the land crystallizes as land values. What ever the value, the community created it and
reclaims it. Get
it? ;-) It is fair. Those with more wealth pay more. Tax wealth not
Income. The rich tend to have lost of "wealth" while the poor do
not. The poor only have their income.


Well I can't argue with that - the rich do indeed tend to have a lot
of wealth.


In the USA the top 1% of the population own more wealth than the bottom 90%.


Thats because they have so many of the absolute dregs.

The USA is not much differnt.


Clearly completely blotto, as always.

Any economist looking at that can only conclude the existing system is not working properly. It needs fixing and
Genomics is the answer.


Yeah, yeah, kill all the kulaks, eh comrade ?