SVT is being implemented in Ireland. Also, nice to see that full land values will be implemented in 2012. This is great news, as this is at national level in an EU country.
Land Valuation Taxation That will solve the problems and prevent them happening again. So, some positive moves by a country hit hard by the Credit Crunch.
The root cause for the 1929 and 2008 crashes was LAND. Debt after debt was poured into land because the increased values are tax free. The land market got bigger than the rest of the economy and collapsed taking all with it. Surplus earnings get poured into land in a boom - any economist will tell you that
Solution? Introduce Land Valuation Tax. It stops over speculation in LAND. It can eliminate income tax & pay for needed public infrastructure. Look at Harrisburg, Singapore and Hong Kong
The word for banks that take stupid risks is bankrupt. When did nationalising ever solve anything?
canisfamilliaris 1 month ago
SVT is being implemented in Ireland. Also, nice to see that full land values will be implemented in 2012. This is great news, as this is at national level in an EU country.
Land Valuation Taxation That will solve the problems and prevent them happening again. So, some positive moves by a country hit hard by the Credit Crunch.
Nice one Ireland.
NearAbbeyRoad 8 months ago
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The root cause for the 1929 and 2008 crashes was LAND. Debt after debt was poured into land because the increased values are tax free. The land market got bigger than the rest of the economy and collapsed taking all with it. Surplus earnings get poured into land in a boom - any economist will tell you that
Solution? Introduce Land Valuation Tax. It stops over speculation in LAND. It can eliminate income tax & pay for needed public infrastructure. Look at Harrisburg, Singapore and Hong Kong
NearAbbeyRoad 9 months ago
Try Florida...I have more than 100 videos from Florida roads-to-nowhere.
EconCat88 9 months ago
Fred, keep up the good work.
MarkWads 11 months ago