Comments on: Income Tax and Hudson on Obama’s Economy http://www.prosper.org.au/2010/01/27/income-tax-and-hudson-on-obamas-economy/ Access → Opportunity → Prosperity Tue, 07 Feb 2012 03:45:18 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Karl Fitzgerald http://www.prosper.org.au/2010/01/27/income-tax-and-hudson-on-obamas-economy/comment-page-1/#comment-2350 Karl Fitzgerald Fri, 05 Feb 2010 00:45:08 +0000 http://www.prosper.org.au/?p=1730#comment-2350 Hi Pat, if the financial oligopoly outlined in <a href="http://www.prosper.org.au/2010/02/02/hudson-the-bernanke-reappointment-be-afraid-be-very-afraid/" rel="nofollow">Hudson's latest</a> realised that boom-busts hurt their chances of driving down a public road safely (ie car jackings are an example of just how little freedom democracy delivers without economic justice), then a resource rent system could help all. Even if banks continue to fee-leece us, a RR would still have a massive effect. Land is a primary monopoly , money secondary. If you owned all the money in the world and I all the land, how much would i charge you for your first night's rent? All of it! Hi Pat,
if the financial oligopoly outlined in Hudson’s latest realised that boom-busts hurt their chances of driving down a public road safely (ie car jackings are an example of just how little freedom democracy delivers without economic justice), then a resource rent system could help all.

Even if banks continue to fee-leece us, a RR would still have a massive effect. Land is a primary monopoly , money secondary.

If you owned all the money in the world and I all the land, how much would i charge you for your first night’s rent?

All of it!

]]> By: Pat Donnelly http://www.prosper.org.au/2010/01/27/income-tax-and-hudson-on-obamas-economy/comment-page-1/#comment-2346 Pat Donnelly Fri, 29 Jan 2010 04:22:54 +0000 http://www.prosper.org.au/?p=1730#comment-2346 Isn't one of the difficulties with the taxation of land occupation that it assumes genuine democracy? I mean that it may be of no effect if as at present, governments are under thrall to "the money interest"? Isn’t one of the difficulties with the taxation of land occupation that it assumes genuine democracy?

I mean that it may be of no effect if as at present, governments are under thrall to “the money interest”?

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