The European Tribune is a forum for thoughtful dialogue of European and international issues. You are invited to post comments and your own articles.
Please REGISTER to post.
The incidence of taxation is an expression of political power. If you have the political power to move to a monetary system that requires the state to collect and/or tax away a greater proportion of the rental value land than it does today, then you also have the political power to just tax landowners (unless you wish to assume that landowners are stupid - for which there may be a case to be made).
And if you do have the power to tax landowners, then taxing them will be superior to your proposal, because your scheme will not break down gracefully if power swings back to the landholders: A reprivatisation of the land will allow landholders to hold the monetary system hostage until you go off the land standard. That encourages a positive feedback loop going in the wrong direction, to borrow one of ATinNM's stock phrases.
You're basically proposing a fiat system in a cheap tuxedo and with an open back door for takeover by landholders as well as banksters.
Do. Not. Want.
Austerity can only be implemented in the shadow of a concentration camp.
by Metatone - Aug 22 7 comments
by eurogreen - Aug 21 31 comments
by gmoke - Aug 26
by eurogreen - Aug 15 28 comments
by afew - Aug 19 65 comments
by Frank Schnittger - Aug 7 78 comments
by Oui - Aug 6 65 comments
by Frank Schnittger - Jul 30 43 comments
by gmoke - Aug 26
by Metatone - Aug 227 comments
by eurogreen - Aug 2131 comments
by afew - Aug 1965 comments
by eurogreen - Aug 1528 comments
by Frank Schnittger - Aug 778 comments
by Oui - Aug 665 comments
by Frank Schnittger - Aug 6188 comments
by Oui - Aug 53 comments
by Oui - Aug 25 comments
by Frank Schnittger - Jul 3043 comments
by Oui - Jul 284 comments