photo credit: Hyaground Peter Martin, the journalist with the biggest sieve (catching all those Henry Tax report leaks), wrote recently on the LP’s highly secretive Ergas report: The report proposes an annual land tax that would extend to the family…
Michael Hudson If the economy deteriorates in the L-shaped “hockey-stick” rut that many economists forecast, what political price will President Obama and the Democrats pay for having returned the financial keys to the Bush Republican appointees who gave away the…
Read Hudson’s latest interpretation of Obama’s economic policies: At stake now is President Obama’s credibility as an agent for change. Voters see his main “change” thus far to have been favoritism to Wall Street. Jay Leno jokes that Obama has…
photo credit: With debate over the impact of China’s real estate bubble leading to a stock exchange ‘flu’ this week, moves are afoot as: … today’s Beijing Youth Daily reports that the Ministry of Land and Resources recently released a…
Watch this short video from our colleagues in Philadelphia to see how the tax system places community activity in the waste bin via the waste-land mentality.
photo credit: Omar Eduardo Taken from an early 1900’s document I don’t know what the country is coming to; I work from morning till night every day of my life and yet it’s as much as I can do to…
photo credit: kevindooley Michael Hudson Originally posted at Counter Punch Paul Samuelson, America’s best known economist, died on Sunday Dec 13th. He was awarded the Nobel prize for economics, (founded one year earlier by a Swedish bank in 1970 “in…
photo credit: mugley The plot thickens with Glenn Milne reporting THE Federal Government’s biggest tax inquiry in more than two decades is set to propose a national land tax, a new resource tax and a congestion tax for clogged cities.…
photo credit: D.Reichardt Regarding NZ’s Buckley Tax Review, Promises and Costs of a Land Tax : On the one hand, a land tax would induce farmers to make the best possible use of their land, since the tax would be…
photo credit: Compound Eye – on Fall 09 Colorado Review cover Gordon Brown’s increasingly populist policies have leapt to a new level of desperation. Reflecting the severity of the economic malaise in England, the British government has announced a new…