Re: Marxists & ground rent
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Frank de Jong
May 16, 2012, 1:30:00 PM5/16/12
to Earthsharing Canada Google Group
Thanks, to Erich, for forwarding this to me.
On the one hand, they, or at least this author, understands economic rent, but on the other, they stick to their core idea of the gov owning all land, no clue about just capturing the rental value of land. Plus the rhetoric is strident...
In the recent Ont election, I had the leader of the Communist Party in my riding and he wanted to reduce municipal taxes and raise income taxes, just like the Libs, NDP and PCs. I tried to explain economic rent, but it was useless. Sigh.
Frank
On Tue, May 15, 2012 at 10:14 PM, Erich Jacoby Hawkins, Barrie Green Party candidate <er...@barriegreens.ca> wrote:
http://www.cpcml.ca/Tmlw2012/W42010.HTM#3
Skip down to the heading "Stumpage Fees or Ground Rent"
The Marxists almost get it right, then they get it so, so wrong.
Erich.
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Frank de Jong
Erich Jacoby Hawkins, Barrie Green Party candidate
May 17, 2012, 8:04:28 AM5/17/12
to earthshar...@googlegroups.com
What's strangest is that, rather than actually collect the ground
rent, they want to basically re-create the original colonial
economic model - give the trees away for free with the expectation
that the capitalists will employ labour in cutting and processing
them. (Then try to tax the profit).
It's built on a ridiculously untenable trust - that the capitalists will maximize job creation from these resources, even though the resources are free but the jobs (unionized to the max) are expensive. Quite the opposite will happen, and does! (Also it puts a naive faith in the ability to accurately measure & tax corporate profits).
They need to charge the full ground rent, which will encourage more labour per tree for fewer trees overall, then use that taxed ground rent to pay for public goods. More jobs, better stewardship/conservation, better government budget. Simple, isn't it?
Erich.
p.s. That tax-income-not-property trick is easy to beat, all I have to do is sit on valuable property, watch it appreciate, borrow against it as a substitute for income, but never sell it, thus never triggering an actual income to tax. I can live high off the hog in my mansion and never pay a penny of tax!
It's built on a ridiculously untenable trust - that the capitalists will maximize job creation from these resources, even though the resources are free but the jobs (unionized to the max) are expensive. Quite the opposite will happen, and does! (Also it puts a naive faith in the ability to accurately measure & tax corporate profits).
They need to charge the full ground rent, which will encourage more labour per tree for fewer trees overall, then use that taxed ground rent to pay for public goods. More jobs, better stewardship/conservation, better government budget. Simple, isn't it?
Erich.
p.s. That tax-income-not-property trick is easy to beat, all I have to do is sit on valuable property, watch it appreciate, borrow against it as a substitute for income, but never sell it, thus never triggering an actual income to tax. I can live high off the hog in my mansion and never pay a penny of tax!
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