On 3 Apr 2006, at 23:36, John G Rawson wrote:
> And please don't give me the completely ridiculous answer that all
> taxation is unnecessary, in this modern age when populations
> demand so much of government spending.
John, forgive me for butting in here. I agree. But also, partly why
there is such a high demand for public spending is that people do not
get to keep enough of what they can make to be able to afford to do
for themselves what they then expect government to provide.
I reckon you could probably slash government spending in half at
least in a more equitable fiscal environment.
This is why I like SoCred to get the money out there and LVT to get
some of it back as land rents reflect so well the public sector
inputs into them, so you would be recycling public sector capital
expenditure and giving people more of their own money back to let
them choose what revenue expenditure they wanted to support/use.
Jock Coats - Chair, Oxfordshire Community Land Trusts
c/o Warden's Flat 1e, J Block Morrell Hall, OXFORD, OX3 0FF
w: +44 (0)1865 483353 h: +44 (0)1865 485019
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www: http://www.oclt.org.uk/ - http://jockcoats.blogspot.com/