My letter in today's Globe

[Frank de Jong]

Oct. 14: ‘Raising … taxes would only further pummel the already-damaged economy.’ Readers debate how to raise taxes, without wrecking the economy, plus other letters to the editor

Re Is There A Problem Spending Can’t Solve? Yes – Canada’s Unsustainable Deficit 

(Opinion, Oct. 10): As COVID-19 continues to ravage the country, raising income, business or sales taxes would only further pummel the already-damaged economy. Rather, government should consider Milton Friedman’s suggestion that the least damaging tax is one applied to the unimproved value of land.

A land-value tax would capture the unearned wealth that accrues to land – wealth that should belong to all and be best used to finance government programs.

Frank de Jong Director, Henry George Foundation of Canada; Huntsville, Ont.

[brendan hennigan]

Frank,

Good for you for getting a "to the point" letter in the Globe and mentioning the HGFC.  

Any related articles on which taxes are best for a sustainable economic recovery ought to be posted on our eathsharing website.

Regards,

Brendan

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From: earthshar...@googlegroups.com <earthshar...@googlegroups.com> on behalf of Frank de Jong <fde...@earthsharing.ca>
Sent: October 14, 2020 8:03 AM
To: Earthsharing Canada Google Group <earthshar...@googlegroups.com>
Subject: My letter in today's Globe

 

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[Polito]

Excellent. I posted a comment on the letters page  - Frank de Jong pinpointed an enormous oversite in Economics. Adam Smith made this point in 1776.

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“I don’t like that man. I must get to know him better.  (Abraham Lincoln)

[BGHearns]

I noticed that it only took a day before someone replied with the spectre of Communism to your letter. Black and white thinking that permeates our discourse, and has increasingly permeated all public discourse of a wide range of topics, since the 1970s.

Bruce

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