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Default A Tax Reform Can Solve the Economic Crisis

A Tax Reform Can Solve the Economic Crisis.

Economists say there is no quick, simple solution to solve the economic
crisis. There is. A tax reform to that will make us all richer.

It is had been adopted 10 years ago it would have prevented the housing boom
spiralling into a financial catastrophe, and Britain would be leading the
way to prevent the global environmental crisis. The current economic model
used by all western governments is flawed.

The 16th Century Coup Has to be Reversed

All we have to do is reverse the 16th century coup against the people of
England by the aristocracy. As far back as 1066 people paid for the public
services out of the surplus income from their land. It contains the
solutions to so many of society's problems.

3/4 of public revenue were still being raised from land income right into
the 17th century. Then the aristocracy executed their coup. They hijacked
the tax system so that they could pocket the land income of the kingdom. By
the middle of the 19th century just 4% of revenue came from land. The first
attempt at a counter-coup was in the electrons in the early 20th century.
Parliament became a scene of a violent political clash over the budget of
1909.

But the House of Lords was full of powerful landed aristocrats in their
large country mansions. They proved too powerful. They were able to defeat
the will of the people.

The People Were Penalised By Income Tax

So government had to raise revenue by penalising the people by taxing their
wages. 100 years repressed growth followed as the tax burden crushed the
working population. The bad taxes destroyed jobs, wrecked the natural
environment, rewarding the polluters while penalising the producers.

Governments know that taxes damage the economy. They implement stealth taxes
to camouflage the impact.

Winston Churchill Failed to Reverse The Aristocratic Coup

100 years ago Winston Churchill tried to shift taxes back onto land owners.
If Gordon Brown had implemented this in 1997, by now national income would
be greater for every man, woman and child by £15,000, and we would have
avoided the property boom & bust and Credit Crunch Crash.

All Political Parties Should Unite in Tax Reform To Shift Tax Away from
Income

When you shift taxes from working and saving to Land Values, you get rid of
the distortions that make people work less and save less. And therefore
people are operating in a more efficient fashion.

Political parties should stop fighting amongst themselves and unite in tax
reform. That will not happen until people man the battlement and insist
their ancient rights. The landowning aristocracy betrayed the people of the
UK by blocking the People's budget in 1909,

The Lords Are Still Trying to Eliminate Tax From Land.

Parliament must finish the business it started 100 years ago. The removal of
66 hereditary Lords by Tony Blair paves the way forward. In early 2009 the
House of Lords discovered that 4 Lords were prepared to accept money to
influence a law to further reduce the tax liability on landed property.

100 years after the People's budget some Lords were still lining their
pockets at the expense of the people.

 
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