Renters everywhere worry about rents going up. Like people everywhere, they see the value of location as belonging to the landowner, rather than owed by owner to the community. Recovering and sharing site value would make anywhere affordable.
Owning a car, working in a white-collar job, owning or renting a home for more than 4,000 rand a month in a city or town: the middle class in Johannesburg has it better than their parents and grandparents did; yet their progress means poverty for others.
Hair, breast milk and eggs are doubling as automated teller machines, as the four-year-old “recovery” overlooks labor and wages. Cash-strapped people should also demand immediate justice, a share of society’s surplus, a Citizen’s Dividend for all.
Just leave it all up to computers — and sometimes somebody must pay the price, in cases of GIGO. That aside, it’s amazing how much money can be won or lost when so much gets concentrated on Wall Street … instead of disbursing rents to us al fairly.
One way to prosperity is how Singapore did it. They figured out what to do with land value, with the money people pay for a location. That freed them up to choose smart taxes, not dumb ones. Could other places copy the Singapore way? Find out.
As leaseholders face huge rent increases, one rants: This is why we immigrated from the UK? Why go back to the feudal system? Indeed. But why pay banks? Why not pay community? Pay in Land Dues and get back Rent Shares. It’s fair and works.
The siblings along with a realtor UK Nanda staked claim over the property after land prices shot up in the area. Such temptation always prevails. Until we make clear that land value belongs to all members of society equally to share.
Connecticut cities struggle with vacant land, owned by speculators who need a nudge. The state was eager to adopt the tax. One of the biggest boosters was Hartford Councilman Larry Deutsch, a close friend of Philadelphia Councilman Wilson Goode Jr.
How bad can it get before government quits favoring old ways — no more subsidies for developers and manufacturers — and levels the playing field for new ways? Recover land value and pay citizens a dividend so everyone has enough security to work on their new ideas and contribute new solutions; let progress charge ahead!
Should he contribute to society? Or to government? Shall we take a lot because he’s got a lot? No matter how he got it? Or accept some fortunes happen in mass markets. And get over worshipping celebs so the prize money just won’t be there.
He wants his fellow rich to pay higher taxes, labor to pay lower, and to shift taxes to favor economic growth. Better to not funnel so much to so few in the first place. Get society’s surplus upstream, not downstream. Use taxes or dues to recover the spending on land, natural assets, and government-granted privileges like banking charters. Then share the redirected revenue.
The real state is real estate; land speculators rule the land. If you’re not getting an exemption for your land, then you’re paying more tax so speculators can pay less.