[GJM] The Observer: Revealed: how Jersey woos tax avoiders

[chris cook]

Correct,Tom.

And specifically the privilege of "Property" in "Commons" such as Land and Knowledge. Also. the privilege of Limited Liability.

The "Single Tax" is based upon the fairly clear principle that those who have exclusive private use of a "Commons" should compensate those they exclude.

What I am observing is the possibility for new forms of "Property" in productive assets, "Property" being not an Object, but a bundle of rights of "ownership" and "use" - ie the relationship between the Individual and the asset.

The outcome is the ability to put "Commons" assets into trust and for the financiers and the users of those assets to share the flows of "money's worth" (such as property rentals) that flow from those assets.

The outcome is not so much a "Tax" as a "Commons Rental" collected and redistributed as a Community Dividend to all.

Best Regards

Chris Cook






----------------------------------------
> From: circ2 at mindspring.com
> To: discussion at globaljusticemovement.net
> Date: Mon, 18 Sep 2006 16:34:49 -0700
> Subject: Re: [GJM] The Observer: Revealed: how Jersey woos tax avoiders
> 
> The problem of course is that taxes are levied on the wrong things.
> 
> Taxes should be eliminated in favor of fees levied on privileges. Henry
> George articulated this in regard to the ownership of land and proposed the
> "single tax" on land sites, not on improvements. That concept needs to be
> extended to all privileges, not just land ownership.
> 
> Thomas Greco
> 
> Thomas H. Greco, Jr.
> P. O. Box 42663, Tucson, Arizona 85733
> 520-795-8930
> thg at mindspring.com
> www.Reinventingmoney.com
> Blog: http://beyondmoney.blogspot.com
> 

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