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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: goldworldnet who wrote (443165)	8/29/2011 2:23:09 PM
From: Neeka	1 Recommendation Read Replies (1) \| Respond to of 793956

And it is the property owner's duty to make sure the rate of taxation remains as small as possible. That is the one that gets me. The value of the property shrinks, so the county raises the tax rate.

To: goldworldnet who wrote (443165)	8/29/2011 3:41:02 PM
From: LindyBill	2 Recommendations Read Replies (2) \| Respond to of 793956

Anyone that does not believe that need only not pay their property taxes to find out who owns their land. Henry George became famous for proposing taxing land only: "Economic and political philosophy George began as a Lincoln Republican, but then became a Democrat, once losing an election to the California State Assembly. He was a strong critic of railroad and mining interests, corrupt politicians, land speculators, and labor contractors. One day during 1871 George went for a horseback ride and stopped to rest while overlooking San Francisco Bay. He later wrote of the revelation that he had: " I asked a passing teamster, for want of something better to say, what land was worth there. He pointed to some cows grazing so far off that they looked like mice, and said, 'I don't know exactly, but there is a man over there who will sell some land for a thousand dollars an acre.' Like a flash it came over me that there was the reason of advancing poverty with advancing wealth. With the growth of population, land grows in value, and the men who work it must pay more for the privilege.[8] " Furthermore, on a visit to New York City, he was struck by the apparent paradox that the poor in that long-established city were much worse off than the poor in less developed California. These observations supplied the theme and title for his 1879 book Progress and Poverty, which was a great success, selling over 3 million copies. In it George made the argument that a sizeable portion of the wealth created by social and technological advances in a free market economy is possessed by land owners and monopolists via economic rents, and that this concentration of unearned wealth is the main cause of poverty. George considered it a great injustice that private profit was being earned from restricting access to natural resources while productive activity was burdened with heavy taxes, and indicated that such a system was equivalent to slavery—a concept somewhat similar to wage slavery." en.wikipedia.org