« The beer test | Main | There is a form for everything »

August 29, 2012


Feed You can follow this conversation by subscribing to the comment feed for this post.

Yeah! Probably not. The world is round and it means to keep moving. Progress will always be there.

The future of the world is our decision: by our public policies, we can encourage or discourage propensity for all. Much depends on the incentive of our tax system. When the US was growing, most of the cities' incomes were based on property taxes, both on the land and on the buildings and other improvements. The first had the effect of not encouraging the acquisition of land titles unless the person or organization had immediate plans to use it. It discouraged land speculation.
Lately the cities and states have resorted to tax on work, such as sales tax, wage tax, which discourages working and job creation while encouraging land speculation and land profiteering. This works again the worker and the true entrepreneur, since they see the value of their work, whether manual or mental, decreased.
A shift from taxes on work, including the building portion of the property tax to the land portion of the property tax, has been employed in some cities in Pennsylvania and elsewhere, with positive results, most easily demonstrated in the increase in building permits requested by the private sector.

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.


Post a comment

Your Information

(Name and email address are required. Email address will not be displayed with the comment.)