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Equity Premises and the Case for Socializing Rent

The Harvard Registrar reports the most popular undergraduate courses now are “Justice,” “Principles of Economics,” “The Concept of the Hero,” and “Literature of Social Reflection.” The “Me Generation” is passing; Justice, Heroism and Social Thought are “In.” Are economists ready for this future? I think not: changes must be made. Classical political-economists were moral . . . → Read More: Equity Premises and the Case for Socializing Rent

The Property Tax is a Progressive Tax

“The regressive property tax” has become a common block phrase among economists and in the popular press. President Nixon’s support for revenue-sharing is increasingly based on the need to protect the poor from heavy property taxes. Some prominent tax economists are favoring even sales taxes to make the tax system more progressive, by lowering . . . → Read More: The Property Tax is a Progressive Tax

What is Property Tax Reform?

CAN PROPERTY TAX REFORM help the propertyless, the working men and women who-labor-for-wage incomes—the majority of Americans? Property is owned by people of property—the rich. Ownership of this rich tax base is concentrated in a few hands, much more so than income. The top 10 per cent of income receivers in the United States . . . → Read More: What is Property Tax Reform?