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The LVTC blog, by Henry Law

The comments in the LVTC Blog are a personal view of our Hon. Secretary Henry Law and do not necessarily reflect the official policy of the Campaign.

This is a place for personal observations and comments on politics, economics, current affairs, on-going discussions on the potential for LVT to remedy some of the current ills, and the impact on Society of any of the above. 

Please read and enjoy, and feel free to respond to Henry if you have any thing you would like to add.


Cast out of Eden

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Does the bible tell us that when Adam and Eve were cast out of the Garden of Eden, they went to their local Jobcentre and signed on to get their Jobseeker's Allowance? Of course not, because they had free access to the surface of the earth and its natural resources. Nobody owned it. Job creationism is not consonant with scripture.
 

Humbug

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There is a big hoo-ha in the papers today about government departments using consultants "employed" by service companies so as to avoid tax liabilities. It apparently skirts close to the borderline between avoidance and evasion.

Humbug. No-one who has ever paid their plumber, builder or car mechanic cash-in-hand has any right to complain. That must mean nearly all of us. The customer saves money and the tradesman ends up with more in his pocket. It is the tax system that is at fault. The piece in the Guardian is by Richard Murphy, adviser to Tax Justice Network. If he never pays cash and absolutely insists on a proper receipt from his tradesmen, he must be one of the handful in the country. I wonder?
 

Lukewarm support from where we would most expect it

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The strange case of Tax Justice Network

Most advocates of Land Value Taxation have arrived at their conclusion because, amongst other things, they regard the present tax system as unjust. We would expect that an organisation going by the name "Tax Justice Network" (TJN) would be actively campaigning in the same direction as ourselves.
Read more...
 

Global jobs crisis

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The International Labor Organization has published its Global employment trends 2012: preventing a deeper jobs crisis. It tells us that, "The world faces a challenge of creating 600 million jobs over the next decade."

When the phrase "job creation" is mentioned, read no further. Who in their right mind would create a job for themselves?

The purpose of work is to satisfy our own desires. Since human talents are diverse, we do what we are best at and exchange the products of our labour. So it has been since the dawn of human history.

For this to be possible, everyone must have free access to the natural resources of the planet and free exchange of labour and its products. Land enclosure prevents the first, and the taxation of labour, goods, services and transactions prevents the second. This ought to be obvious, not least to those in outfits such as the International Labour Organisation. Clearly it is not.

When "experts" come out with nonsensical statements about the need to create jobs, they should either be ignored or ridiculed.

I received this comment which amplifies the point.

"I have always detested this term "job creation". I especially dislike it when used in connection with large capital schemes like a new railway or motorway or stadium, where it's as if the jobs will be "created" almost as a by-product of the scheme which is somehow independent of those that will actually build it. Not only does it concretise the notion that capital employs labour - it goes further, suggesting that the project could very well  proceed without labour - but that as a generous and benificent gesture the paymasters will take on a few men."
 

Open letter to Caroline Lucas, my Green MP

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Dear Caroline Lucas,

I was disturbed to see that Richard Murphy mentioned your name in connection with his economic proposals for growth, which he outlined in an article in the Guardian yesterday.
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Winners and losers from high speed rail

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An article in the Daily Telegraph explains that High Speed Rail (HS2) will create winners as well as losers among homeowners and homebuyers because, even though only 1.2 miles of the line will be above ground in the Chilterns, it will affect local house prices for good or ill. David Newnes, director of LSL Property Services, owners of estate agents Your Move and Reeds Rains said: "For many  property owners in the Chilterns, one of the key selling factors - their surrounding natural beauty and peaceful countryside - will be removed forever. Many properties will be compulsorily purchased, but for those at the fringes of this zone, significant reductions in value of between 25pc and 30pc are likely.

"On the other hand, properties at the termini of the line will see their potential value soar.
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Fur coat and no knickers

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The government has now given the go-ahead to HS2 - £16 billion the high speed railway between London and Birmingham that will shave 20 minutes off the journey in 2026. For a further £16 billion, it is intended that it will reach Manchester in the 2030s. This is a shocking demonstration of the inability of Britain's decision makers to join up their thinking.

Having decided to invest this amount on public transport, it can not possibly be the best use of resources to devote it to this one project.

"Fur coat and no knickers" is the phrase that comes to mind. It is unlikely that the opposition will succeed in overturning the project at this stage. When there are so many more worthwhile rail improvements urgently needed all over the country, I find it sad that prestige trumps utility yet again.

It would help if there was an effective means of measuring the external value of infrastructure. The value of "time saved" is a poor yardstick. We would argue that a better measure would be the aggregate increase in land value that arises from the project.
 


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