by Philip Soos reposted from The Guardian When we hear talk about taxation, it is naturally assumed to refer to those taxes which are levied by the government. After all, no individual or business can charge anyone else a tax, right? From the 1980s onwards in the...
BLOG: economic rent
Land prices are not simply a matter of supply and demand
by Bryan Kavanagh Reposted from On-Line Opinion Fortunately, the theory of real estate valuation is not as difficult to comprehend as the theory of value, over which economists continue to fight endlessly. Real estate valuation concerns the assessment of particular...
Australia’s real lifters and leaners
by Philip Soos When the infamous duo of Abbott and Hockey came to power in 2013, they embarked upon a polarising rhetoric of "lifters" versus "leaners" separating Australians into one of two camps. The split was a simple one: those who earn and engage in productive...
“How to Simplify Government” with Phil Anderson
Presenter: Phil Anderson When: Friday March 18th, Where: Level 1/ 64 Harcourt St, North Melbourne Time: 6.30pm Tickets $25 After studying history’s lessons for forty years, Phillip J Anderson has come to one conclusion: GOVERNMENT HAS TO GO. If you want to know why...
A GST hike will hurt everyone. Everyone.
The AFR’s economics editor Alan Mitchell has taken a Treasury briefing. He is out this morning offering all sorts of reasons why a broader, higher GST is a brilliant master-stroke that deserves universal applause. He knows, we all know, a Goods and Services Tax is...
Economic depressions 101.0
Economic depression for dummies Let’s say labour joins with capital and land to produce wealth, and that the locational rent of land arises as a by-product, simply from the existence of the surrounding community and its infrastructure. Say, for some reason or other,...
The Right to Collect the Rent
by Phillip Anderson Editor, Cycles, Trends and Forecasts NARITA, JAPAN:- This week judges in the UK ruled that Uber can continue operating. The judges decided Uber’s smartphone app is not a taxi meter. The app is what connects user to the drivers. Under British law,...
Land rents with Thai rice
by Phillip Anderson, Editor of Cycles, Trends and Forecasts Events around the world don’t happen in a vacuum. They have causes. They’re usually linked back to rent and the corruption and self serving nature of government. Indeed, the biggest problem around the world...
A ‘capital gain’ is a private tax
By Dr. Gavin Putland - crossposted from the Land Values Research Group The noisiest campaigners for lower taxes complain only about public taxes while ignoring or defending the unrequited tributes collected by private agents under the guise of market transactions. The...
Political cowardice, bad taxes and the FIRB furball
The Australian people are being distracted from the main game by a mad side-show over foreign nationals buying our land. The sheer scale of this buying is further inflating our sorely overheated property market, imposing great costs on first-time buyers, giving a free...