Archive for January, 2009

GFC: Bankers and sub-primers just scapegoats

Tuesday, January 6th, 2009

photo credit: bortescristian The Bank of England now admits that the UK government failed to provide it with the tools needed to deal with boom/bust, according to an interview tonight on BBC’s Panorama programme. The missing tool was tax policy. “That’s why we can say that the global recession did not originate in the US [...]

Lovers of Land Tax

Monday, January 5th, 2009

photo credit: Shavar Former journalist Lisa Pryor sums up the frustrations of the many at the quarterly roll out of baby boomers complaining about Land Taxes on investment properties. She writes in her It’s Grim Down the South Coast for the Well Off : Land tax encourages better use of land. An annual tax bill [...]