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The Danger of Favoring Capital over Labor

This paper deals with an anomaly one meets when seeking to teach and apply the ideas promoted by Henry George. How does one forward the interests of labor by untaxing capital? George left some unanswered questions, and later writers and activists have not met them.

Mason Gaffney, 2004, in Lindy . . . → Read More: The Danger of Favoring Capital over Labor

Taxes, Capital and Jobs – Revised

We hear a lot these days about the need for more capital to make jobs. Some of what we hear and read we may discount as self-serving, lobbying for more preferential tax treatment of profits. Yet there is a case argued by sincere and public-minded people on objective grounds which we must take seriously. . . . → Read More: Taxes, Capital and Jobs – Revised

A Cannan Hits the Mark

In 1907 Cannan fired off a round at local rating of site values. It hit home. First he recited the logic of what today we call the “tragedy of the commons” (it was common coin long before Garrett Hardin). Then he pointed out that a city taxing only site values to provide free public . . . → Read More: A Cannan Hits the Mark

Answer to Futilitarians

Constructive problem-solving is when one takes problems and dilemmas and composes them into solutions. A simple example is when two lonely, longing people meet and marry. Another, more prosaic, is when a producer converts wastes into useful by-products. Another, more general, is whenever demand meets supply.

An address by Mason Gaffney at . . . → Read More: Answer to Futilitarians

The Income-Stimulating Incentives of the Property Tax

(with Richard Noyes)

Where a large share of fiscal revenue comes from property taxes, individual income tends to be high. There is a clear propensity for the local economy to grow faster than in those states which are less dependent upon the property tax than on taxes linked to income or sales.

Our findings begin . . . → Read More: The Income-Stimulating Incentives of the Property Tax

The Philosophy of Public Finance

THE TREATMENT of rent as public revenue is part and parcel of an organic theory of the State. In the contractual theory, government is a kind of business which extends services to landowners. They only need pay for benefits received, which are construed in the narrowest possible terms. In the organic theory, landowners hold . . . → Read More: The Philosophy of Public Finance

Henry George, Dr. Edward McGlynn & Pope Leo XIII

IT WAS A DIFFERENT TIME, but often the same place (Cooper Union) in American life. No, it wasn’t radio, but the age of orators. One of the most spellbinding was Dr. Edward McGlynn; another good one was Henry George, who also wrote great books. They came together in 1886 to roil the waters of . . . → Read More: Henry George, Dr. Edward McGlynn & Pope Leo XIII

Alfred Russel Wallace’s Campaign to Nationalize Land: How Darwin’s Peer Learned from John Stuart Mill and Became Henry George’s Ally

Alfred Russel Wallace rose to fame with Charles Darwin: They independently found the principle of natural selection. Wallace later focused on reforming Great Britain’s land tenure system, under which a few owners had come to control most of the land, while most citizens had little or none of their own. In Land Nationalization (1882) Wallace . . . → Read More: Alfred Russel Wallace’s Campaign to Nationalize Land: How Darwin’s Peer Learned from John Stuart Mill and Became Henry George’s Ally

The Taxable Capacity of Land

The question I am assigned is whether the taxable capacity of land without buildings is up to the job of financing cities, counties, and schools. Will the revenue be enough? The answer is “yes.” 1993. In Patricia Salkin (ed.), Land Value Taxation, Papers from a Conference sponsored by The Government Law Center of Albany . . . → Read More: The Taxable Capacity of Land

Whose Water? Ours: Clearing Fallacies about Implementing Common Rights

The late Senator Albert Beveridge of Indiana in 1922 suffered the fate of Oregon’s Congressman Al Ullman: he was retired by the voters for proposing a national sales tax. Thereafter, he mellowed into being a scholar and biographer. In these philosophical years he wrote “You know, I’ve learned in the Widener Library at Harvard that . . . → Read More: Whose Water? Ours: Clearing Fallacies about Implementing Common Rights