Search Results for: land and taxation

Dear George Osborne: how to help the country recover from a financial earthquake

Further Reading: Ronald Burgess, Public Revenue without Taxation (Shepheard-Walwyn 1993) Argues that not only does taxation flout the principle of private property, but it ‘is a primal cause of both inflation and unemployment. Regardless of this, the freely elected governments of contemporary trading economies – with the acquiescence of their electorates – persist in raising the major part, if not all, of their revenues by means of taxation. The immediate cause of such action by governments, and the acquiescence of their electorates, is ignorance of any acceptable alternative method of raising sufficient public revenue.’ by Adrian Hoare George Osborne has invited the public’s views on what might be done to help the country out of its current financial crisis. It is to be hoped that he will seriously consider all that is suggested; he needs to be looking out for ideas that are different from those that have hampered genuinely sustainable economic development for decades. He would do well to bend his eye in the direction of the taxation system; not to see if a little tweak here and there might increase revenue without too much pain but to look at the fundamentals. We do not design road vehicles with unround wheels but we have an economy with comparably unsuitable features. The only circular motion is in those ideas that set off in promising directions, only to return to their starting...

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What is the Chancellor to do?

Author Details: Henry Law, Henry took a degree in Chemistry but subsequently worked as a town planner dealing primarily with urban conservation and design. His writing has been published extensively in professional journals on architecture, planning and transport including “Building Design”, “Architect’s Journal” and the former Council of Industrial Design’s periodical, “Design”. Lives in Sweden for about four months of the year. Faced with a huge deficit and the need to act quickly, what should the Chancellor do? Of course we do not like the present tax system, which is a major cause of all the present problems. Cuts are part of the solution. But there is no gain if those who lose their jobs then spend months unproductively on the dole, and it could – probably will – lead to social unrest. The real problem, the one that has brought this dire situation about, is that we have taxed that which we ought not to have taxed, and left untaxed that which we ought to have taxed. But even within the limitations of the present tax system, there are things a Chancellor can do to help, and things that will make matters worse. What he most definitely should not do is raise VAT. It is as much of a Jobs Tax as National Insurance, and can only push people out of work, which will also add to the...

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What is the answer?

When you consider it, we all have an ideological mind-set of some sort, but unlike our elected leaders, we’re not in a position to impose it on the wider public; which is probably their good fortune – and ours! In the real world, as they say, we’ve had a Labour ideology for the past thirteen years, but with an election shortly, a more Conservative ideology may replace it. If so, how much will change, or perhaps, how much can change?

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The People’s Budget

Although the Edwardian period may in retrospect appear to have been a golden age, it was in reality a time of much turbulence in the political and social fields. There were long and often violent strikes in the docks and coalmines as well as in other less vital industries.

ISBN 9780856832628 | Price: £7.95

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Ricardo’s Law

Ricardo’s Law judges Tony Blair’s decade in power. The author marshals the evidence to address four indictments of how the modern state operates, and how New Labour failed to advance its agenda. Blair was given a mandate to modernise Britain’s institutions and include everyone in the prosperity of the nation. Fred Harrison explains why this prospectus could not be realised, because tax policies continue to favour the rich and penalise the poor.

ISBN 9780856832413 | Price: £18.95

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Location Matters

Land rights confer wealth, but not uniformly. Location matters – building Canary Wharf in a desert without the associated infrastructure would not have made anyone richer. The same effort and investment on a prime site yields a far better return than on a marginal one.

ISBN 9780856832512 | Price: £8.95

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