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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.


UK Electoral Reform

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We do not have a view on what electoral system the UK should adopt but the way the issue is being handled is telling. It is becoming apparent that there are several alternative PR systems, each with advantages and disadvantages. In the circumstances, there is a good case for the election to be a two-stage process so that people have the opportunity to choose between the different options. Instead, it looks as if we are going to be presented with a take-it-or-leave-it choice. Oh well.
 

Cui Bono?

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These car ferries are free. They must cost a fortune to run. To whose benefit? Answer must be not more than one word long. Fortunately some of the value is captured by LVT but not as much as might be. The trouble is that other taxes are so high that they cut heavily into land values. The amount that can be usefully be raised is much less than would otherwise be the case. Still, you don't often see vacant sites in city centres, so it is obviously working.
 

The flaw in the Libertarian position

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In a discussion set up by a Marxist apologist, a neo-Libertarian asked, 'How is robbing Peter to pay Paul just because Paul is paid a pittance for the useless rubber ducks he make, considered "justice"? '

To answer this one, it is necessary to examine the assumptions behind this question.
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The flaw in the Marxist position

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It is necessary only to read or read about Marx to the point that one realises that he fails even to define his terms with adequate precision or to map them to the economic process. Having identified what is wrong with his fundamental assumptions, it really is not worth wading through hundreds of pages of his turgid text.
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Catholic church property empire scandal

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As a Catholic coming from a country where the Catholic church leads a hand-to-mouth existence, it came as a slight suprise to me to read here that the Italian Catholic church has been involved in a scandal involving the Congregation for the Evangelisation of Peoples, the Vatican congregation that uses proceeds from a property empire including 2,000 Rome apartments to fund missionary efforts.

It is not actually the scandal that worries me, since these things happen. More disturbing is the fact that missionary activities are funded in this way at all. It is entirely contrary to scripture, the model for this being set out in chapter 10 of St Luke's Gospel.
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G20 and its Keynesian critics

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The G20 consensus that public spending should be reigned in has been criticised by, among others, Paul Krugman, who are resurrecting the ideas put forward by Keynes. What are we to make of this?
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Is the Chancellor hitting the poor with the VAT rise?

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Much of the uproar over the VAT increase has focussed on whether it is regressive and bad for the poor.

This is very much missing the point about VAT. It is very bad for business, especially smallish ones. Either they cannot claim back the VAT paid on inputs (if they are unregistered) or they are saddled with the administrative costs, which are considerable. And they have to build the VAT into the prices they charge, which does not bring customers into the shop. To say nothing of the fraud that goes on.

VAT has much the same effect on the economy as pouring a mixture of sand and water into a machine.
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