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#121
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If Scotland gets independence
Doctor Drivel wrote
jgharston wrote Doctor Drivel wrote http://www.landvaluetax.org/frequent...why-lvt-cannot... Why LVT cannot be passed on. Nope. As a landlord I can chose to charge £400 a month, and the tenant pay the &85 council tax (local property tax), or I can chose to charge £485 a month and *I* pay the council tax. In either case, the tenant is paying £485 a month to occupy the property. Read what I posted. No point, what you posted is drivel. Unsurprisingly. LVT cannot be passed on. Mindlessly silly. It was quite clear. It was drivel. Of course it can be passed on, particularly when all landlords are paying it. Just because some fool claims it cant be passed on doesnt make it gospel. |
#122
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If Scotland gets independence
Doctor Drivel wrote
hugh wrote Doctor Drivel wrote 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. Nothing fair about that, particular for those who have organised their affiars so that what they get cash wise in retirement does cover their outgoings and taxes but wont cover your stupid tax. Fortunately NOT ONE country in the entire world has actually been stupid enough to have just an LVT as the only tax. There might just be a reason for that. Get it? Nothing to get, its a lie. |
#123
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If Scotland gets independence
"Doctor Drivel" wrote in message ... So he now pays ZERO tax. A parasite. With Land Valuation Tax he would have no need to demolish the building. The levy is on the land whether there is a building on it or not. If he can't make productive use of the land then he sell it to someone who can. LVT forces productive use of land. Who would want to buy land if they are going to pay tax and have no hope of actually using it? You would have to change planning law so it can be used for something if its primary use isn't wanted. Its planning law that screws up developments now and it is what forces people to rip roofs off buildings because nobody wants the building and the owner can't use it for something else if the planners get in the way as they invariably do. |
#124
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If Scotland gets independence
"Tony Bryer" wrote in message ... On Wed, 14 Mar 2012 04:39:51 -0700 (PDT) Jgharston wrote : Here in the UK the populous threaten revolution at the very hint of a mention of the suggestion of a revaluation after 20 years. Yet a tax based on what your house would have been worth in 1991 (even if it wasn't built then) sounds like something out of the Monster Raving Loony Party's manifesto. It seems lost on the average Mail reader that *on average* a revaluation will not affect anyone's council tax, subject to the revaluation not being used as an excuse to increase spending. But that is exactly what the councils did when the poll tax was introduced and blamed the increase on the poll tax. |
#125
Posted to uk.d-i-y
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If Scotland gets independence
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? -- hugh |
#126
Posted to uk.d-i-y
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If Scotland gets independence
In message , Doctor Drivel
writes jgharston wrote: Doctor Drivel wrote: http://www.landvaluetax.org/frequent...why-lvt-cannot... Why LVT cannot be passed on. Nope. As a landlord I can chose to charge £400 a month, and the tenant pay the &85 council tax (local property tax), or I can chose to charge £485 a month and *I* pay the council tax. In either case, the tenant is paying £485 a month to occupy the property. Read what I posted. LVT cannot be passed on. It was quite clear. That is a purely artificial restriction which could be removed at any time. -- hugh |
#127
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If Scotland gets independence
"hugh" ] wrote in message ... Agreed, but until you do calling something fair or unfair is a bit meaningless, but one of the first criteria to be mentioned is usually ability to pay and council tax pays no regard to that. Council tax is one of the things the benefits system pays if you can't afford it. |
#128
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If Scotland gets independence
"dennis@home" wrote in message ... "Doctor Drivel" wrote in message ... So he now pays ZERO tax. A parasite. With Land Valuation Tax he would have no need to demolish the building. The levy is on the land whether there is a building on it or not. If he can't make productive use of the land then he sell it to someone who can. LVT forces productive use of land. Who would want to buy land if they are going to pay tax and have no hope of actually using it? If he has not hope of the land productively using it, it will not buy. Get it? You would have to change planning law so it can be used for something if its primary use isn't wanted. That is usually the case. Its planning law that screws up developments now and it is what forces people to rip roofs off buildings because nobody wants the building and the owner can't use it for something else if the planners get in the way as they invariably do. Planning leave a lot to be desired. The planning system was geared as a mean on population control, not to promote high quality buildings and environments. The prime problem is land is being hoarded by speculators - what brought about the 2008 crash. Every country that has implemented Land Valuation Taxation has seen a rise in the economy and lowering of land/house prices . The prices remain static as the economy grows around the land. |
#129
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If Scotland gets independence
"dennis@home" wrote in message ... "hugh" ] wrote in message ... Agreed, but until you do calling something fair or unfair is a bit meaningless, but one of the first criteria to be mentioned is usually ability to pay and council tax pays no regard to that. Council tax is one of the things the benefits system pays if you can't afford it. It would be the same with Land Vauation Tax exemptions or delayed until death or sale of land. |
#130
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If Scotland gets independence
"Rod Speed" wrote in message ... Doctor Drivel wrote jgharston wrote Doctor Drivel wrote http://www.landvaluetax.org/frequent...why-lvt-cannot... Why LVT cannot be passed on. Nope. As a landlord I can chose to charge £400 a month, and the tenant pay the &85 council tax (local property tax), or I can chose to charge £485 a month and *I* pay the council tax. In either case, the tenant is paying £485 a month to occupy the property. Read what I posted. No point, what you posted is drivel. Unsurprisingly. LVT cannot be passed on. Mindlessly silly. There must a lot of economists who are fools around then - a whole raft of professors are below. The land lord charges what the market will bare - as he does right now. The level that will be passed on is small. If LVT is introduced and he raises the rent then it implies he was not charging the highest rent he can get - which does not happen. It hasn't anywhere that a LVT has been introduced. Read Winston Churchill on it. http://www.landvaluetax.org/frequent...passed-on.html Why LVT cannot be passed on. "The answer to this question is very simple if you imagine yourself in the situation of a landlord. As a landlord, I already charge as much as I can obtain for my property. I may decide to charge a bit below top rate so as to avoid it being empty, or I may stick out for the last penny which means I must accept that the property will be empty for 10% of the time. Either way, I am getting as much is I possibly can. Once LVT is introduced, then I am liable to pay the tax whether the property is occupied or not. So I have a stronger incentive to set the price competitively so as to ensure that it is vacant for as short a time as possible." http://www.earthrights.net/docs/landlord.html Why a landlord can not just pass on the cost of LVT to the renter? If, as claimed by vested interests, the land value tax can be passed on, why do not these representatives of special privilege pass the measure and allow their friends to pass it on? The reason is they know that the land values tax cannot be transferred. - EJ Craigie, former South Australian politician, circa 1958. A. THE CLASSICISTS: 1 Though the landlord is in all cases the real contributor, the tax is commonly advanced by the tenants, to whom the landlord is obliged to allow it in payment of the rent. - Adam Smith "Wealth of Nations" Book 5, Ch 2 2 A tax on rent falls wholly on the landlord. There are no means by which he can shift the burden upon anyone else... A tax on rent, therefore, has no effect other than the obvious one. It merely takes so much from the landlord and transfers it to the State. - John Stuart Mill (1806-1873) "Principles of Political Economy" Book 5, Ch 3, Sect 2 3 The power of transferring a tax from the person who actually pays it to some other person varies with the object taxed. A tax on rents cannot be transferred. A tax on commodities is always transferred to the consumer. - Professor James E Thorold Rogers "Political Economy" 2nd ed Ch 21, p 285 4 A tax levied in proportion to the rent of land, and varying with every variation of rents... will fall wholly on the landlords. - Walker's "Political Economy", p 413 5 The incidence of the ground tax, in other words, is on the landlord. He has no means of shifting it; for, if the tax were to be suddenly abolished, he would nevertheless be able to extort the same rent, since the ground rent is fixed solely by the demand of the occupiers. The tax simply diminishes his profits. - ERA Seligman "Incidence of Taxation" pp 244-245 6 A tax on rent would affect rent only: it would fall only on landlords and could not be shifted. The landlord could not raise the rent, because he would have unaltered the difference between the produce obtained from the least productive land in cultivation and that obtained from land of every other quality. - David Ricardo "Principles of Political Economy and Taxation" Ch 10, Sect 62 7 The way taxes raise prices is by increasing the cost of production and checking supply. But land is not a thing of human production, and taxes upon rent cannot check supply. Therefore, though a tax upon rent compels owners to pay more, it gives them no power to obtain more for the use of their land, as it in no way tends to reduce the supply of land. On the contrary, by compelling those who hold land for speculation to sell or let for what they can get, a tax on land values tends to increase the competition between owners, and thus to reduce the price of land. - Henry George P&P Book 8, Ch 3 B. MODERN ECONOMISTS: 1 Pure land rent is in the nature of a "surplus" which can be taxed without affecting production incentives. - Paul A Samuelson, Hancock & Wallace, "Economics - An Introductory Analysis" (Australian Edition) Ch 28 p 595 2 .... the complete inelasticity of the supply of land means that a tax on land rent has no effect on price or output and therefore does not alter resource allocation...This outcome is in contrast to property taxes on buildings.. Jackson & McConnell, "Economics" (2nd Aust Ed pp 540/541) 3 The (land) tax cannot be passed on to consumers... The failure of the single tax idea does not change the fact that a large increment of value does accrue to the owners of land, particularly in or near urban areas, due to the growth of the economy, without the landlord having to contribute any productive factor services in order to earn it. - Richard G Lipsey, "An Introduction to Positive Economics" (3rd ed.) 4 Aside from its compelling appeal to the public's sense of justice, a single tax on land has another advantage over most other forms of taxation - it is neutral in its effects on production incentives and resource allocation. - Waud, Hocking, Maxwell & Bonnici, "Economics" (Australian Edition) |
#131
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If Scotland gets independence
"hugh" ] wrote in message ... Read what I posted. LVT cannot be passed on. It was quite clear. That is a purely artificial restriction which could be removed at any time. What are you on about? |
#132
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If Scotland gets independence
"Tim Streater" wrote in message ... In article , "Doctor Drivel" wrote: Tim Streater wrote: In article , "Doctor Drivel" wrote: Andrew May wrote: On 16/03/2012 12:15, Doctor Drivel wrote: I first C&P's it two years ago and 6 times since. Repetitive, aren't you? No. Did you understand it first time round? At what point did the penny drop? No.3? No. 4? Meaningless. Another one with ZERO comprehension., With you, drivel, I do detect drivel - all the time. |
#133
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If Scotland gets independence
"Rod Speed" wrote in message ... Doctor Drivel wrote hugh wrote Doctor Drivel wrote 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. Nothing fair about that, 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. The overhead on HMG's total tax revenue gathering is 1/3. One third of what the get is the collection overhead. Ridiculous. Fortunately NOT ONE country in the entire world has actually been stupid enough to have just an LVT as the only tax. Wrong...... "The German protectorate of Jiaozhou Bay (also known as Kiaochow) in China fully implemented Georgist policy. Its sole source of government revenue was the land value tax of six percent which it levied on its territory. The German government had previously had economic problems with its African colonies caused by land speculation. One of the main aims in using the land value tax in Jiaozhou Bay was to eliminate such speculation, an aim which was entirely achieved. The colony existed as a German protectorate from 1898 until 1914 when it was seized by Japan. In 1922 it was returned to China." Sun Yat-sen was in Jiaozhou Bay and was impressed by the Single Tax and was implemented it on creation of Taiwan. Sun Yat-sen declared: '. to equalise the financial resources of Society. Our first aim is to be the solution of the land problem.' Sun Yat-sen then went on to show how this could be done: '. the government makes two regulations: first, that it will collect taxes according to the declared value (by the landowners) of the land; second, that it can also buy the land at the same price.' Sun Yat-sen, during his period of power, he employed a German, Dr Ludwig Schramier, to prepare land reform proposals based on outlines he had given in Jiaozhou Bay. Dr Schramier had been the former governor of the German colony of Kiao Chan with its seaport of Qingdao (Tsingtao). During his period of governorship, Dr Schramier had raised revenue from his tiny colony (20 sq. miles) from leasing land and drawing ground rent in a Henry George manner. Included in this were escalating penalties for land left unused. During the 18 years it was under his control, the colony made rapid progress in developing its infrastructure. This stopped when the Japanese occupied the territory and returned it to traditional landownership control. Landowners are rich and have power, and care not a jot about the rest of us. The British aristocracy treat the UK like a private estate. |
#134
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If Scotland gets independence
"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. |
#135
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If Scotland gets independence
Doctor Drivel wrote
dennis@home wrote Doctor Drivel wrote So he now pays ZERO tax. A parasite. With Land Valuation Tax he would have no need to demolish the building. The levy is on the land whether there is a building on it or not. If he can't make productive use of the land then he sell it to someone who can. LVT forces productive use of land. Have fun explaining why it doesnt in Australia which has had an LVT for more than a century now. Who would want to buy land if they are going to pay tax and have no hope of actually using it? If he has not hope of the land productively using it, it will not buy. Have fun explaining why they still do in Australia which has had an LVT for more than a century now. Get it? Nothing get, you dont have a ****ing clue about the basics. You would have to change planning law so it can be used for something if its primary use isn't wanted. That is usually the case. Its planning law that screws up developments now and it is what forces people to rip roofs off buildings because nobody wants the building and the owner can't use it for something else if the planners get in the way as they invariably do. Planning leave a lot to be desired. The planning system was geared as a mean on population control, not to promote high quality buildings and environments. The prime problem is land is being hoarded by speculators Wrong, as always. - what brought about the 2008 crash. Like hell it did. Every country that has implemented Land Valuation Taxation has seen a rise in the economy and lowering of land/house prices . Another bare faced pig ignorant lie. Australia has in fact some of the highest land/house prices in the entire ****ing world. The prices remain static as the economy grows around the land. Another bare faced pig ignorant lie. Australian land prices are nothing even remotely resembling anything like static. The only think you did get right is the pathetic excuse for a nick that you cower behind. |
#136
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If Scotland gets independence
Doctor Drivel wrote
dennis@home wrote hugh ] wrote Agreed, but until you do calling something fair or unfair is a bit meaningless, but one of the first criteria to be mentioned is usually ability to pay and council tax pays no regard to that. Council tax is one of the things the benefits system pays if you can't afford it. It would be the same with Land Vauation Tax exemptions or delayed until death or sale of land. If that is done, there goes any useful result from the LVT, stupid. And if you delay the LVT until the land is sold, no one will ever sell, because then they dont have the money to buy the new one, stupid. You'd get the exact opposite of what you are trying to achieve with an LVT. Completely off with the ****ing fairys, living up to its pathetic excuse for a nick. |
#137
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If Scotland gets independence
Doctor Drivel wrote
Rod Speed wrote Doctor Drivel wrote jgharston wrote Doctor Drivel wrote http://www.landvaluetax.org/frequent...why-lvt-cannot... Why LVT cannot be passed on. Nope. As a landlord I can chose to charge £400 a month, and the tenant pay the &85 council tax (local property tax), or I can chose to charge £485 a month and *I* pay the council tax. In either case, the tenant is paying £485 a month to occupy the property. Read what I posted. No point, what you posted is drivel. Unsurprisingly. LVT cannot be passed on. Mindlessly silly. There must a lot of economists who are fools around then - a whole raft of professors are below. Usual stupid academics who havent got a ****ing clue. Have fun actually explaining why, when an LVT is introduced, the landlords cant just jack up the rents so that the renter pays the LVT. Since the LVT applys to all landlords, the renters cant even just move to a landlord who doesnt pass on the LVT. And we KNOW that in Australia, which has had an LVT for more than a century now, that landlords do in fact pass on the LVT, regardless of what some stupid academic claims isnt possible. The land lord charges what the market will bare - as he does right now. Yes, but when a new LVT is introduced, and all landlords pass it on to their renters, as they will certainly do because they arent going to just accept the fact that the amount that ends up in their pockes will drop if they dont, the renters get to like that or lump it because ALL the landlords will be doing that. The level that will be passed on is small. Easy to claim. Have fun actually stubstantiating that claim. If LVT is introduced and he raises the rent then it implies he was not charging the highest rent he can get It implys nothing of the sort when a new LVT is introduced. - which does not happen. It hasn't anywhere that a LVT has been introduced. That is a bare faced pig ignorant lie. That is precisely what happens in Australia which has had an LVT for more than a century now, the renters pay the LVT because otherwise the landlord would not get the return they want on what they are renting. Read Winston Churchill on it. **** Churchill. That fool damned near bankrupted Britain when he was stupid enough to return to the gold standard at the wrong price. And produced countless corpses with his terminal stupidity of Gallipoli. All the rest of your drivel you have posted more than once flushed where it belongs. |
#138
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If Scotland gets independence
Doctor Drivel drivelled
Rod Speed wrote Doctor Drivel drivelled hugh wrote Doctor Drivel drivelled 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. Nothing fair about that, It is fair. Says he carefully deleting from the quoting what I actually said about it not being anything like fair. That is flagrantly dishonest. Here is what I ACTUALLY said. Nothing fair about that, particular for those who have organised their affiars so that what they get cash wise in retirement does cover their outgoings and taxes but wont cover your stupid tax. Those with more wealth pay more. You aint established that those do have wealth, you flagrantly dishonest arsehole. Tax wealth not Income. NOT ONE country in the entire world is actually stupid enough to do it like that. There might just be a reason for that. The rich tend to have lost of "wealth" Those that I rubbed your flagrantly dishonest nose in dont, arsehole. while the poor do not. There are more than just those two in any country, fool. The poor only have their income. The real poor only have welfare. The overhead on HMG's total tax revenue gathering is 1/3. That is a bare faced lie and you previously lied that that was the overhead in the income tax system. Its a bare faced lie. One third of what the get is the collection overhead. That is a bare faced lie and you previously lied that that was the overhead in the income tax system. Its a bare faced lie. Ridiculous. Lie in your case. Fortunately NOT ONE country in the entire world has actually been stupid enough to have just an LVT as the only tax. Wrong...... Nope. "The German protectorate of Jiaozhou Bay (also known as Kiaochow) in China fully implemented Georgist policy. That aint a COUNTRY, fool. Its sole source of government revenue was the land value tax of six percent which it levied on its territory. Another bare faced lie. And thats a full CENTURY AGO anyway. There's a reason that approach was binned. The German government had previously had economic problems with its African colonies caused by land speculation. Another bare faced lie. One of the main aims in using the land value tax in Jiaozhou Bay was to eliminate such speculation, And that didnt happen. an aim which was entirely achieved. Another bare faced lie. The colony existed as a German protectorate from 1898 until 1914 when it was seized by Japan. In 1922 it was returned to China." And was NEVER a COUNTRY. Sun Yat-sen was in Jiaozhou Bay and was impressed by the Single Tax and was implemented it on creation of Taiwan. And then that fool was flushed where he belonged. Sun Yat-sen declared: '. to equalise the financial resources of Society. Our first aim is to be the solution of the land problem.' And they failed dismally at that. Which might just be why the communists won, stupid. Sun Yat-sen then went on to show how this could be done: PIgs arse he did. '. the government makes two regulations: first, that it will collect taxes according to the declared value (by the landowners) of the land; Barking mad. That nothing like a real LVT. The V is there for a reason, stupid. second, that it can also buy the land at the same price.' Sun Yat-sen, during his period of power, Before he was flushed where he belonged. he employed a German, Dr Ludwig Schramier, to prepare land reform proposals based on outlines he had given in Jiaozhou Bay. Dr Schramier had been the former governor of the German colony of Kiao Chan with its seaport of Qingdao (Tsingtao). During his period of governorship, Dr Schramier had raised revenue from his tiny colony (20 sq. miles) from leasing land and drawing ground rent in a Henry George manner. Nothing like an LVT. Included in this were escalating penalties for land left unused. While that might make some sense in a tiny little 20 sq mile town, it doesnt for a country. During the 18 years it was under his control, the colony made rapid progress in developing its infrastructure. No better than anywhere else. Nothing like Shanghai did. This stopped when the Japanese occupied the territory and returned it to traditional landownership control. Landowners are rich and have power, The ones in my example arent and dont, liar. and care not a jot about the rest of us. Even sillier. The British aristocracy treat the UK like a private estate. Completely off with the ****ing fairys, comrade. |
#139
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If Scotland gets independence
Doctor Drivel wrote
hugh ] wrote Doctor Drivel wrote hugh wrote Doctor Drivel wrote 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. Your stupid proposal taxes ALL land owners, fool. And if you are stuipid enough to have JUST and LVT, you have to have a MASSIVE LVT on everyone who owns any land and those who arent wealthy will be destituted. NOTHING fair about that. Economic growth created by the community that soaks into the land crystallizes as land values. Even sillier. What ever the value, the community created it and reclaims it. Seizes it, actually. Get it? ;-) Nothing to get, its a bare faced lie. It is fair. Another bare faced lie. Those with more wealth pay more. Those with their only 'weath' as the land their house is built on would be destituted and those who dont even have much income because they are retired or out of work etc would be kicked out of their house to pay your stupid LVT thats the only tax the govt imposes on anything. NOTHING fair about that. Tax wealth not Income. NOT ONE country in the entire world is actually that stupid. The rich tend to have lost of "wealth" while the poor do not. There might just be more than the rich and poor in any real economy. The poor only have their income. The real poor actually have welfare which even if its taxed, came from the govt in the first place, fool. |
#140
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If Scotland gets independence
On Sun, 18 Mar 2012 20:50:09 +1100 Rod Speed wrote :
And we KNOW that in Australia, which has had an LVT for more than a century now, that landlords do in fact pass on the LVT, regardless of what some stupid academic claims isnt possible. No, that is rubbish. I currently have a house up for rent in Ballarat and it will fetch what the market says it will fetch. Any prospective tenant could not give a toss whether I am liable for Land Tax or not or whether my marginal rate of tax is 15%, 30% or 40%. He will pay what the property is worth, regardless of the tax I pay. -- Tony Bryer, Greentram: 'Software to build on', Melbourne, Australia www.greentram.com |
#141
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If Scotland gets independence
Doctor Drivel twisted the electrons to say:
As a landlord, I already charge as much as I can obtain for my property. And if the disposable income of every tennant went up as they no longer had to pay council tax, this would no way imply that they could afford to pay a larger amount in rent? Plus as has been pointed out, the increased cost would affect every landlord so they would all have the same incentive to increase prices. So where would the competitive pressure to *not* pass it on come from? -- These opinions might not even be mine ... Let alone connected with my employer ... |
#142
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If Scotland gets independence
Rod Speed twisted the electrons to say:
Nothing fair about that, particular for those who have organised their affiars so that what they get cash wise in retirement does cover their outgoings and taxes but wont cover your stupid tax. Though if the drivel was actually right then LVT would be a great way for the well paid to avoid paying any tax. It would be somewhat high risk, but only have minimal wealth and otherwise spend every penny you earn. Stay in top hotels all the time (don't worry, the Hilton already charges the maximum they can so even if they've got a much higher tax bill and you have vastly more money it won't change the price!), rent flashy cars (Avis already charges the maximum they can, so no increases there even if Avis' tax bill has increased), fly business class all the time (airport landing fees are already the maximum ... etc etc) and so on ... Of course, some people might think that failed when it came to being "fair" -- These opinions might not even be mine ... Let alone connected with my employer ... |
#143
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If Scotland gets independence
On 18/03/12 12:04, Tony Bryer wrote:
On Sun, 18 Mar 2012 20:50:09 +1100 Rod Speed wrote : And we KNOW that in Australia, which has had an LVT for more than a century now, that landlords do in fact pass on the LVT, regardless of what some stupid academic claims isnt possible. No, that is rubbish. I currently have a house up for rent in Ballarat and it will fetch what the market says it will fetch. Any prospective tenant could not give a toss whether I am liable for Land Tax or not or whether my marginal rate of tax is 15%, 30% or 40%. He will pay what the property is worth, regardless of the tax I pay. Of course he dosn't, but you do. Unless you are very altruistic the rent at which you are willing to let that property will take into account your costs of ownership, which includes any tax liability. If the market won't pay that price then you have a bad investment. |
#144
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If Scotland gets independence
"Alistair Gunn" wrote in message ... Doctor Drivel twisted the electrons to say: As a landlord, I already charge as much as I can obtain for my property. And if the disposable income of every tennant went up as they no longer had to pay council tax, this would no way imply that they could afford to pay a larger amount in rent? It may do. Plus as has been pointed out, the increased cost would affect every landlord so they would all have the same incentive to increase prices. So where would the competitive pressure to *not* pass it on come from? But the landlord would have no other tax to pay, so no Income Tax, Council tax, VAT, etc, so no change. The landlord will pass on some LVT for sure, but not much, but to say all will go on the tenant is not the case as all the economic profs say. |
#145
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If Scotland gets independence
"Alistair Gunn" wrote in message ... Rod Speed twisted the electrons to say: Nothing fair about that, particular for those who have organised their affiars so that what they get cash wise in retirement does cover their outgoings and taxes but wont cover your stupid tax. Though if the drivel was actually right then LVT would be a great way for the well paid to avoid paying any tax. It would be somewhat high risk, but only have minimal wealth and otherwise spend every penny you earn. Stay in top hotels all the time (don't worry, the Hilton already charges the maximum they can so even if they've got a much higher tax bill and you have vastly more money it won't change the price!), rent flashy cars (Avis already charges the maximum they can, so no increases there even if Avis' tax bill has increased), fly business class all the time (airport landing fees are already the maximum ... etc etc) and so on ... I am 100% right. Sounds OK if you put it that way, money then circulates and all benefit. Currently we have non-productive and harmful money hoarders and speculators who deliberately manipulate raise prices. Wayne Rooney could pay zero tax if he lived in a cardboard box in a doorway. I doubt he would and take advantage of more money in his pocket because of no income tax, VAT, etc, and buy a nice big house and be better off all around financially. Of course, some people might think that failed when it came to being "fair" That is very fair. The wealthy then pay their fair share instead of clawing back their taxes via tax free gains in the land market - the land under their homes. In short they are appropriating common wealth for private gain. The enclosures is still going on. |
#146
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If Scotland gets independence
"djc" wrote in message ... On 18/03/12 12:04, Tony Bryer wrote: On Sun, 18 Mar 2012 20:50:09 +1100 Rod Speed wrote : And we KNOW that in Australia, which has had an LVT for more than a century now, that landlords do in fact pass on the LVT, regardless of what some stupid academic claims isnt possible. No, that is rubbish. I currently have a house up for rent in Ballarat and it will fetch what the market says it will fetch. Any prospective tenant could not give a toss whether I am liable for Land Tax or not or whether my marginal rate of tax is 15%, 30% or 40%. He will pay what the property is worth, regardless of the tax I pay. Of course he dosn't, but you do. Unless you are very altruistic the rent at which you are willing to let that property will take into account your costs of ownership, which includes any tax liability. If the market won't pay that price then you have a bad investment. Then he sells and more people become owner/occupiers. |
#147
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If Scotland gets independence
"Tony Bryer" wrote in message
... On Sun, 18 Mar 2012 20:50:09 +1100 Rod Speed wrote : And we KNOW that in Australia, which has had an LVT for more than a century now, that landlords do in fact pass on the LVT, regardless of what some stupid academic claims isnt possible. No, that is rubbish. Correct. This Speed fellow is not that bright. |
#148
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If Scotland gets independence
Tony Bryer wrote
Rod Speed wrote And we KNOW that in Australia, which has had an LVT for more than a century now, that landlords do in fact pass on the LVT, regardless of what some stupid academic claims isnt possible. No, that is rubbish. Nope. I currently have a house up for rent in Ballarat and it will fetch what the market says it will fetch. And what the market says it will fetch includes the LVT because ALL the landlords pass on the LVT to the tenants because otherwise they wouldnt be making as much profit. Any prospective tenant could not give a toss whether I am liable for Land Tax or not All landlords are, thats how the rate are calculated in Australia. or whether my marginal rate of tax is 15%, 30% or 40%. I didnt say they pass on the income tax they pay. He will pay what the property is worth, regardless of the tax I pay. And when all landlords pay the LVT when they pay the rates on the property, they are all charged the LVT and they all pass it on to their tenants because the tenants can only rent from a landlord who passes on the LVT. In spades now that most places are desperately short of rental housing and the tenants get to pay what the landlords choose to charge rental wise. |
#149
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If Scotland gets independence
Doctor Drivel wrote
Rod Speed wrote Doctor Drivel wrote dennis@home wrote Doctor Drivel wrote So he now pays ZERO tax. A parasite. With Land Valuation Tax he would have no need to demolish the building. The levy is on the land whether there is a building on it or not. If he can't make productive use of the land then he sell it to someone who can. LVT forces productive use of land. Have fun explaining why it doesnt in Australia which has had an LVT for more than a century now. Who would want to buy land if they are going to pay tax and have no hope of actually using it? If he has not hope of the land productively using it, it will not buy. Have fun explaining why they still do in Australia which has had an LVT for more than a century now. LVT is only in the state of New South Wales, Wrong. The council rates are ALL determined by the value of the land, here called the UCV, unimproved capital value, unimproved in the sense that any buildings and improvments like fencing etc are not included in the valuation, and so its the value of the land, and so an LVT. which levies a state land value tax. It does that AS WELL as basing the council rates on the land value. And that does NOT force the land to be used productively, as I can prove to you any time you like with photos of land that isnt used at all productively or otherwise in NSW. However unlike council rates, Which are an LVT when they are based on the value of the land alone, which they are. farmland and a person's principal place of residence are generally exempt and the state tax is only levied on value over a certain threshold. But that is in ADDITION to the council rates which are in fact an LVT which almost everyone pays. There are a few trivial exceptions, most obviously with churches but thats about it. In New South Wales determination of land value, for tax purposes at a state and local level, is the responsibility of the Valuer-General. Yes, and that is used to determine the council rates, so its an LVT that almost everyone has to pay. And that does NOT result in all land being productively used. The cities of Sydney, Canberra, and others in Australia use LVT. Almost all towns, citys, villages etc etc etc have an effective LVT because the council rates are determined by the land value. There are a few exceptions, most obviously with aboriginal communitys in remote areas where council rates are not charged, but they are a microscopic subset of residential and commercial land. An in-depth study under the Chairmanship of Sir Gordon Chalk issued a report in 1986 on the subject of local taxation for the city of Brisbane, Queensland. The report, which examined many alternative means of local finance, sets out comprehensive and concise arguments for LVT." You're missing the point that that they ALL already have an LVT when the council rates are determined by land value and so are an LVT. What Chalk was talking about is in ADDITION to the LVT we have had for more than a century. And he never ever proposed that his LVT would completley replace all other forms of taxation as you stupidly propose yourself. There might just be a reason he did not. NOT ONE country in the entirely world has ever been that stupid. Get it? Nothing get, you dont have a ****ing clue about the basics. Your knowledge of economic is scant to say the least. Any 2 year old could leave that for dead. Planning leave a lot to be desired. The planning system was geared as a mean on population control, not to promote high quality buildings and environments. The prime problem is land is being hoarded by speculators Wrong, as always. Land speculation is horendously damaging. Wrong, as always. Its what sees productive use of land. Land speculation caused the 2008 crash. Like hell it did. It was ACTUALLY caused by interest rates held much too low for much too long, the terminally stupid US non recourse system where if your gamble when speculating in real estate doesnt pan out, you can hand the keys for the property back to the lending institution with no penaly what so ever. You dont even lose the early payments if you have eniough of a clue to borrow more than 100% of the value of the property and use the excess to make the early payments. And it was also caused by the ratings agencys being stupid enough to give securitised bundled mortgages AAA ratings that they didnt even come close to qualifying for, which allowed local councils and hordes of others to invest in those CDOs because they arent allowed to invest in securitys with less than a AAA rating in quite a few system. Debt after debt was poured into land until kaboooom. Not because there was no LVT. - what brought about the 2008 crash. Like hell it did. It clearly did. Like hell it did. Economist Fred Harrison.... Just one fool that doesnt have a ****ing clue about the basics. "Any good economist will tell you, as people's real disposable incomes rise, that money ends up in one place, and one place only, the LAND MARKET. Mindlessly silly. And the 2008 fiasco wasnt about LAND anyway, it was actually about REAL ESTATE PROPERTY instead. As there is growth land values rise, and it should rise. Except, the problem occurred when that increase in value went into private pockets instead of going into services: highways, hospitals, schools and so on, that created that value in the first place" .. That aint what produces the increase in land values, fool. .. "This is the sources of our problem, not bankers, big bonuses, sub-prime mortgages in America and the other excuses they have. Just because one fool claims something, doesnt make it gospel. Australia did in fact see a massive hike in land values EVEN THO its had an LVT for more than a century and in fact saw very little problem at all in the 2008 fiasco. Nice theory, pity about the real world. This is the heart of the problem of the market economy, Completely off with the fairys. we have to address it. An LVT clearly doesnt, since Australia has had one for more than a century and has in fact seen land value go thru the roof anyway. There has to be political consensus, there has to consensus, with no body playing party politics" Completely off with the ****ing fairys. Thats never going to happen, fool. Every country that has implemented Land Valuation Taxation has seen a rise in the economy and lowering of land/house prices . Another bare faced pig ignorant lie. Australia has in fact some of the highest land/house prices in the entire ****ing world. But not where LVT is. Yep, because LVT is EVERYWHERE and the highest land/house prices are in fact in SYDNEY which does in fact have an LVT in addition to the council rates based on land value which is an LVT too. Their implementation is great. Yes, there are certainly real advantages in having council rates determined by the value of the land alone. But lowering land/house prices aint one of them. If it was if would be far better in Auss. Try posting when not ****ed. The land speculators, and mining corps hold sway with the government there. Not a ****ing clue, as always. Have fun explaining why Labor has just introduced a mining excessive profits tax. They cant actually 'hold sway' if they couldnt even stop that happening stupid. The prices remain static as the economy grows around the land. Another bare faced pig ignorant lie. That happened in Denmark. And didnt in Australia which has had an LVT for more than a century now. Nice theory, pity about the real world. It is best you at least try and understand and stop being **** with attitude... Corse you never ever do anything like that yourself, eh ? Corse you'll never manage to understand that Australia has had an LVT for more than a century now. and also stop making things up. Havent made up even a single thing, you silly little pathological liar. |
#150
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If Scotland gets independence
Doctor Drivel wrote
Rod Speed wrote Doctor Drivel wrote dennis@home wrote hugh ] wrote Agreed, but until you do calling something fair or unfair is a bit meaningless, but one of the first criteria to be mentioned is usually ability to pay and council tax pays no regard to that. Council tax is one of the things the benefits system pays if you can't afford it. It would be the same with Land Vauation Tax exemptions or delayed until death or sale of land. If that is done, there goes any useful result from the LVT, stupid. Silly ****, Wota stunning line in rational argument you have there. HMG gets it money for the land - just delayed. And since its delayed, you dont force PRODUCTIVE USE OF THE LAND, stupid. And if you delay the LVT until the land is sold, no one will ever sell, because then they dont have the money to buy the new one, stupid. Silly ****, Wota stunning line in rational argument you have there. HMG get the money on death. Nope, because that would be part of the exemption death dutys for the lower inheritances. Over 650,000 people dies each year in the UK, so lots coming in. Nope, because that would be part of the exemption death dutys for the lower inheritances. It is best at least you try to understand You're so stupid that you cant even manage to understand that there isnt even the remotest possibility of any govt ever being able to have nothing but an LVT as the only form of taxation, which would see the govt try to rip off all the land value entirely from every single home owner in the country and would destitute every single one because of the money they would need to raise with that being the only tax in the country. AND every single landlord would be destituted too. AND every single commercial operation in the country would be wiped out too. If you thought that the poll tax riots were a tad uncivilised, you aint seen nothing yet. Fortunately even the stupidest politicians aint actually THAT stupid. Even Maggie Thatcher in her cups wasnt actually THAT stupid. There might just be a reason why NOT ONE country in the entire world is actually that stupid. |
#151
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If Scotland gets independence
Doctor Drivel wrote
Rod Speed wrote Doctor Drivel wrote hugh ] wrote Doctor Drivel wrote hugh wrote Doctor Drivel wrote 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. Your stupid proposal taxes ALL land owners, fool. Correct silly ****! Those where the land values are higher pay more, where less trhey pay less. And since you propose to have no other taxation whatever, you'd have to slug them ALL so aggressively to raise enough money you would wipe them ALL out, fool.. And if you are stuipid enough to have JUST and LVT, you have to have a MASSIVE LVT on everyone who owns any land and those who arent wealthy will be destituted. The average person on say £40,00 per ann will pay £6,000 less per ann. That is a bare faced lie. When that is the only tax in the entire country, you still have to raise the same amount of tax in total. There is no way that those who are on less than £40,000 pa could possibly save anything, liar. You would in fact destitute all home owners. And all landlords too. And most commercial operations too. All been figured out. All you have actually done is lie. Economic growth created by the community that soaks into the land crystallizes as land values. Even sillier. You clearly haven't a clue what creates land value. They never came fro the sky. No one ever said they did. In fact land used for houses has the values determined by the rate of release of housing land relative to the demand for housing land, just like with any other commodity. What ever the value, the community created it and reclaims it. Seizes it, actually. Reclaims what the community created. Seizes it, actually. Current, those who appropriate this wealth are stealing. Completely off with the ****ing fairys, comrade. It is not their wealth. So the govt should seize it, eh comrade ? Could have SWORN that that system has just imploded, comrade Fools like you havent even noticed. The law should be changed top reflect this. Taint gunna happen. Even Maggie Thatcher in her drunken seniliity wasnt THAT stupid and she got the bums rush when it was obvious to everyone that she was completely out of her ****ing tree. That would happen in spades if someone was actually stupid enough to propose JUST an LVT as the only tax in the entire country. Even that fool Churchill wasnt actually THAT stupid. Those with more wealth pay more. Those with their only 'weath' as the land their house is built on would be destituted What a fertile imagination. No one in Harrisburg USA is destitute because of LVT. They arent actually stupid enough to have JUST an LVT as the only tax. Also you pay no Incoem tax, VAT, council tax, etc. That is a bare faced lie with the federal income tax and countless other federal taxes like FICA. and those who dont even have much income because they are retired or out of work etc would be kicked out of their house to pay your stupid LVT thats the only tax the govt imposes on anything. Oh NO!!!! Not that one. Winston Churchill called that the Old Widow bogey. It has been cit to pieces over the past 100 years. Pigs arse it has, its actually why NO ONE has actually been stupid enough to have JUST an LVT and no other taxes at all. And we raise MUCH MORE in taxation than we ever did when that fool had any say on how taxation was done anyway because we have decided that we want govt to do much more than it ever used to do in his day when we decided that a decent modern welfare system leaves workhouses for dead. Tax wealth not Income. NOT ONE country in the entire world is actually that stupid. You are very sill, so there at least one. Nope, you are lying, again. The rich tend to have lots of "wealth" while the poor do not. There might just be more than the rich and poor in any real economy. What a silly comment. Any 2 year old could leave that for dead. The poor only have their income. The real poor actually have welfare which even if its taxed, came from the govt in the first place, fool. Which is given to pay rent - to private landlords, Not when its govt housing it aint. Which is in effect welfare for landowners. Mindlessly silly. Its just an alternative to govt housing, fool. We welfare for landowners, Another bare faced lie. who are not much betters than slavers, Another bare faced lie. while those who rent are slaves without shackles. Completely off with the ****ing fairys, as always. Fortunately no one who matters a damn policy wise takes any notice what so ever of rabid fools like you that dont have a clue about the basics, which is why NOT ONE country or even locality in the entire world has JUST an LVT and no other form of taxation whatever. |
#152
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If Scotland gets independence
Alistair Gunn wrote
Rod Speed wrote Nothing fair about that, particular for those who have organised their affiars so that what they get cash wise in retirement does cover their outgoings and taxes but wont cover your stupid tax. Though if the drivel was actually right then LVT would be a great way for the well paid to avoid paying any tax. It would only be viable for those prepared to live out of the country or to 'live' in their car or van etc. Because even if they rent, they would still be paying the LVT on the property they are renting. And the LVT on the propertys would have to be immense to collect the same amount of total tax thats currently collected using all the foms of taxation. It would be somewhat high risk, but only have minimal wealth and otherwise spend every penny you earn. Stay in top hotels all the time They would have to pass on the LVT the pay to those staying there too. (don't worry, the Hilton already charges the maximum they can No they dont and they would have to pass on the LVT because with that being the only tax in the entire country it would have to be immense so they wouldnt make any profit at all if they didnt pass it on in what they charge people to stay there. so even if they've got a much higher tax bill and you have vastly more money it won't change the price!), Corse would, otherwise they'd go broke very quickly. If they didnt pass it on, there would be no hotels anymore. rent flashy cars Yes, you could certainly 'live' in those, or one you own yourself and pay for instead of paying for the house you used to own. Trouble is those dont keep their value like houses do so you'd end up worse off than with the current way we do taxation. (Avis already charges the maximum they can, so no increases there even if Avis' tax bill has increased), Thats not right either when all car renters are slugged the LVT on the land they occupy and have to pass on that immense tax to car renters, otherwise they would go broke quick smart. The renters get to like it or lump it because all would have to hike their prices. They could certianly buy cars instead, but new car prices would hike too, because all the operations flogging cars would have to pass on the immense LVT they are slugged on the land their car flogging operations occupy too. Used cars too. The only prices that in theory would move would be those charged by the hordes 'living' in their cars to avoid paying any LVT directly or indirectly via their landlord. And even then the prices would spike due to supply and demand with so many 'living' in their cars. And they'd be slugged fines for 'living' in their cars too. fly business class all the time (airport landing fees are already the maximum ... Nope, not when all airports start getting slugged immense LVTs for the very expensive land they have. etc etc) and so on ... Of course, some people might think that failed when it came to being "fair" Yep, but only those with even half a clue. |
#153
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If Scotland gets independence
djc wrote
Tony Bryer wrote Rod Speed wrote And we KNOW that in Australia, which has had an LVT for more than a century now, that landlords do in fact pass on the LVT, regardless of what some stupid academic claims isnt possible. No, that is rubbish. I currently have a house up for rent in Ballarat and it will fetch what the market says it will fetch. Any prospective tenant could not give a toss whether I am liable for Land Tax or not or whether my marginal rate of tax is 15%, 30% or 40%. He will pay what the property is worth, regardless of the tax I pay. Of course he dosn't, but you do. Unless you are very altruistic the rent at which you are willing to let that property will take into account your costs of ownership, which includes any tax liability. If the market won't pay that price then you have a bad investment. Particularly with his insane scheme for just an LVT as the only tax. It would have to be an immense tax to raise the same total in tax collected and its very far from clear whether any tenant could actually pay that immense tax on any normal property, so you would in fact see very few landlords at all, because renting just wouldnt be viable. And very few house owners either for the same reason. Its a completely hare brainded scheme and thats why NOT ONE country or even region in the entire world is actually that stupid. If you didnt like the poll tax riots, you aint seen nothing if any govt was actually stupid enough to propose that sort of tax today. |
#154
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If Scotland gets independence
Doctor Drivel wrote
djc wrote Tony Bryer wrote Rod Speed wrote And we KNOW that in Australia, which has had an LVT for more than a century now, that landlords do in fact pass on the LVT, regardless of what some stupid academic claims isnt possible. No, that is rubbish. I currently have a house up for rent in Ballarat and it will fetch what the market says it will fetch. Any prospective tenant could not give a toss whether I am liable for Land Tax or not or whether my marginal rate of tax is 15%, 30% or 40%. He will pay what the property is worth, regardless of the tax I pay. Of course he dosn't, but you do. Unless you are very altruistic the rent at which you are willing to let that property will take into account your costs of ownership, which includes any tax liability. If the market won't pay that price then you have a bad investment. Then he sells No one stupid enough to buy it if the LVT is the only tax in the country. and more people become owner/occupiers. Nope, not if the LVT is the only tax in the country. They would in fact just do nothing and wait till all the polly stupid enough to go that route have got lynched and replaced with pollys with enough of a clue to return to the original tax regime where the LVT is just one of the taxes in the country and where that does in fact get paid by the renters, because all landlords do that so the renters have nowhere else to go, particulary when there is a desperate shortage of rental property. |
#155
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If Scotland gets independence
Doctor Drivel wrote
Alistair Gunn wrote Rod Speed wrote Nothing fair about that, particular for those who have organised their affiars so that what they get cash wise in retirement does cover their outgoings and taxes but wont cover your stupid tax. Though if the drivel was actually right then LVT would be a great way for the well paid to avoid paying any tax. It would be somewhat high risk, but only have minimal wealth and otherwise spend every penny you earn. Stay in top hotels all the time (don't worry, the Hilton already charges the maximum they can so even if they've got a much higher tax bill and you have vastly more money it won't change the price!), rent flashy cars (Avis already charges the maximum they can, so no increases there even if Avis' tax bill has increased), fly business class all the time (airport landing fees are already the maximum ... etc etc) and so on ... I am 100% right. Must be why NOT ONE country or region is actually stupid enough to have JUST an LVT as the only tax. Sounds OK if you put it that way, money then circulates Nope, the politicians stupid enough go that route get lynched instead. and all benefit. Pigs arse those who have arranged their affairs so that they have enough income in retirement to live comfortably do when your stupid hare brains scheme means that they cant possibly pay your stupid LVT. Neither can anyone else when its the only tax and the entire tax revenue has to be collected via the LVT, even well paid professionals couldnt. Currently we have non-productive and harmful money hoarders and speculators who deliberately manipulate raise prices. We actually have hordes who choose to own their own homes, who are in fact nothing even remotely resembling anything like that. They will be the ones lynching any pollys stupid enough to go that route and even the stupidest polly knows that. Even Churchill did, which might just be why even he wasnt actually stupid enough to have JUST an LVT as the only tax. Wayne Rooney could pay zero tax if he lived in a cardboard box in a doorway. I doubt he would and take advantage of more money in his pocket because of no income tax, VAT, etc, and buy a nice big house and be better off all around financially. Pigs arse he would be if Britain was actually stupid enough to try raising the entire tax revenue currently achieved using just an LVT. Of course, some people might think that failed when it came to being "fair" That is very fair. You can spew that lie till the cows come home, changes nothing. The wealthy then pay their fair share instead of clawing back their taxes via tax free gains in the land market - the land under their homes. PIty that the non wealthy couldnt possibly afford to pay the LVT that would be needed to raise the same revenue when it was the only tax. In short they are appropriating common wealth for private gain. Like it or lump it, comrade. The enclosures is still going on. Just another of your bare faced lies, comrade. |
#156
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If Scotland gets independence
Doctor Drivel drivelled
Alistair Gunn wrote Doctor Drivel drivelled As a landlord, I already charge as much as I can obtain for my property. And if the disposable income of every tennant went up as they no longer had to pay council tax, this would no way imply that they could afford to pay a larger amount in rent? It may do. So if it wasnt for the fact that with JUST an LVT, the LVT would have to be immense to collect the same tax revenue currently being collected, the landlord could of course pass on the LVT to the renter because all landlords would do that so the renters get to like that or lump it. Plus as has been pointed out, the increased cost would affect every landlord so they would all have the same incentive to increase prices. So where would the competitive pressure to *not* pass it on come from? But the landlord would have no other tax to pay, so no Income Tax, Council tax, VAT, etc, so no change. A massive change in fact because of the immense LVT the landlord would have to pay because there is no income tax for individuals or commercial operations etc etc etc. The landlord will pass on some LVT for sure, You previously pig ignorantly claimed that they couldnt pass any of it on. You cant even manage a consistent line of drivel. but not much, In fact a hell of a lot because with JUST an LVT the LVT would be immense, MUCH more than the renter would be paying in rent, so the landlord would go bust in no time at all. but to say all will go on the tenant is not the case There is no alternative given that the LVT would have to be immense given that its the only tax that has to raise all the current tax revenue. as all the economic profs say. Another bare faced flagrantly dishonest lie. |
#157
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If Scotland gets independence
In message , "dennis@home"
writes "hugh" ] wrote in message ... Agreed, but until you do calling something fair or unfair is a bit meaningless, but one of the first criteria to be mentioned is usually ability to pay and council tax pays no regard to that. Council tax is one of the things the benefits system pays if you can't afford it. That's not the same thing. -- hugh |
#158
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If Scotland gets independence
In message , Tony Bryer
writes On Sun, 18 Mar 2012 20:50:09 +1100 Rod Speed wrote : And we KNOW that in Australia, which has had an LVT for more than a century now, that landlords do in fact pass on the LVT, regardless of what some stupid academic claims isnt possible. No, that is rubbish. I currently have a house up for rent in Ballarat and it will fetch what the market says it will fetch. Any prospective tenant could not give a toss whether I am liable for Land Tax or not or whether my marginal rate of tax is 15%, 30% or 40%. He will pay what the property is worth, regardless of the tax I pay. Your house will fetch you what you *think* the market will fetch. And currently the renter pays your rent + council tax, so they will then pay your rent + LVT. Alternatively your new rent will be old rent without CT + LVT. Simples. -- hugh |
#159
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If Scotland gets independence
In message , Rod Speed
writes Alistair Gunn wrote Rod Speed wrote Nothing fair about that, particular for those who have organised their affiars so that what they get cash wise in retirement does cover their outgoings and taxes but wont cover your stupid tax. Though if the drivel was actually right then LVT would be a great way for the well paid to avoid paying any tax. It would only be viable for those prepared to live out of the country or to 'live' in their car or van etc. Because even if they rent, they would still be paying the LVT on the property they are renting. And the LVT on the propertys would have to be immense to collect the same amount of total tax thats currently collected using all the foms of taxation. It would be somewhat high risk, but only have minimal wealth and otherwise spend every penny you earn. Stay in top hotels all the time They would have to pass on the LVT the pay to those staying there too. (don't worry, the Hilton already charges the maximum they can No they dont and they would have to pass on the LVT because with that being the only tax in the entire country it would have to be immense so they wouldnt make any profit at all if they didnt pass it on in what they charge people to stay there. so even if they've got a much higher tax bill and you have vastly more money it won't change the price!), Corse would, otherwise they'd go broke very quickly. If they didnt pass it on, there would be no hotels anymore. rent flashy cars Yes, you could certainly 'live' in those, or one you own yourself and pay for instead of paying for the house you used to own. Trouble is those dont keep their value like houses do so you'd end up worse off than with the current way we do taxation. (Avis already charges the maximum they can, so no increases there even if Avis' tax bill has increased), Thats not right either when all car renters are slugged the LVT on the land they occupy and have to pass on that immense tax to car renters, otherwise they would go broke quick smart. The renters get to like it or lump it because all would have to hike their prices. They could certianly buy cars instead, but new car prices would hike too, because all the operations flogging cars would have to pass on the immense LVT they are slugged on the land their car flogging operations occupy too. Used cars too. The only prices that in theory would move would be those charged by the hordes 'living' in their cars to avoid paying any LVT directly or indirectly via their landlord. And even then the prices would spike due to supply and demand with so many 'living' in their cars. And they'd be slugged fines for 'living' in their cars too. fly business class all the time (airport landing fees are already the maximum ... Nope, not when all airports start getting slugged immense LVTs for the very expensive land they have. etc etc) and so on ... Of course, some people might think that failed when it came to being "fair" Yep, but only those with even half a clue. Cracked it!! Buy the biggest ****ing Winnebago ever. Just cruise around man. No tax to pay ever. -- hugh |
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If Scotland gets independence
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. -- hugh |
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