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.
Spending and production are chicken and egg.
"..taxing away rents certainly does not create demand."
Of course it does. It removes economic rent from market prices. When prices come down to the actual cost of production, there is more exchange, more consumption and more wealth. This is the basic idea of Smith and Marx. And this is why Smith called ground rents as ideal tax base.
Labour cannot spend, because they pay from their earnings both taxes and and rent/interest for existing wealth. If they would pay only rents (and rents are collected by tax collector) they could also afford housing, right? And this is achieved simply by cutting off the parasite.
by DoDo - Oct 5 7 comments
by gmoke - Oct 1 3 comments
by Luis de Sousa - Sep 28 26 comments
by Frank Schnittger - Oct 5 2 comments
by Frank Schnittger - Sep 24 19 comments
by ATinNM - Sep 24 16 comments
by DoDo - Sep 12 26 comments
by DoDo - Sep 10 23 comments
by DoDo - Oct 57 comments
by Frank Schnittger - Oct 52 comments
by gmoke - Oct 13 comments
by Luis de Sousa - Sep 2826 comments
by ATinNM - Sep 2416 comments
by Frank Schnittger - Sep 2419 comments
by gmoke - Sep 23
by DoDo - Sep 1226 comments
by DoDo - Sep 1023 comments