| Subject: | Re: [socialcredit] Rent for everyone | | Date: | Tuesday, March 7, 2006 07:57:10 (-0800) | | From: | Jeffery Smith <jjs @.........org>
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| In reply to: | Message 3568 (written by John G Rawson) |
On Mar 6, 2006, at 3:50 PM, John G Rawson wrote:
> Aren't we losing sight of the fact that the only immediate source of
> the money required to pay a land tax is the customer to whom the
> landowner supplies a good or service?
What landowner would that be? Know any who created land?
> Unless, of course, he borrows created money from a bank for the
> purpose.
While created money is important in economies, to rule out everything
else is like the blind men and the elephant.
> Any such tax must simply inflate the prices of goods and services by
> at least its value, or destroy the enterprise carried out on the land.
When? Where? Nowhere. Never. In fact (that's: fact), when Denmark
raised its rate on land, inflation was reversed. See our website.
> Have a look at the effects of high rates (some call them local taxes)
> on established business areas where the land value is going through
> the roof.
OK. Show what you got.
SMITH, Jeffery J., President, Forum on Geonomics
7536 SE Milwaukie Av, Portland Oregon 97202 USA
503/232-1337; jjs@geonomics.org; www.geonomics.org
Share Earth's worth to prosper and conserve.
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