| Subject: | [socialcredit] The Georgist scheme | | Date: | Sunday, March 25, 2007 15:24:56 (-0700) | | From: | william_b_ryan <william_b_ryan @.....com>
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The Georgist scheme:-
1. There is such a thing as "site value" which may be
objectively ascertained by the relevant politburo.
2. The private possession of "site value" confers the
power to collect "rent" from the public to the
personal benefit of the monopolist which is unearned.
3. That "rent" is subsumed within income to
improvements such that income to improvements includes
an element of "rent" to "site value" that is unearned.
4. That "rent" beyond that which is actually
collected by the monopolist in the form of money may
be objectively imputed to a particular parcel by the
relevant politburo, even though there may be no
improvements or regardless of the extent of
improvements to the particular parcel.
5. Inasmuch as "rent" is unearned by the monopolist,
it is justifiably confiscated in the name of the
public for the "benefit of all," as determined by the
relevant politburo both to its collection and
disposition.
6. That both realized and imputed "rent" to be
confiscated in its totality in the form of money,
regardless whether or not the monopolist possessor of
"site value" has collected any money from his parcel,
or has any money at all.
7. All taxation to be abolished; government including
the relevant politburo to be funded in its entirety
from confiscated "rent."
8. After government has taken its cut off the top of
the confiscated "rent" for "legitimate" expenditure in
the determination of the relevant politburo, the
remainder to be paid to the public in equal shares as
its "dividend."
Sieg Heil!
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The Georgist schem
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