Land owners at Westminster designed the current UK fiscal arrangement by which over one third of our socially produced surplus (the red slice) is reserved for site owners. Not only does this explain our starved public
Continue ReadingYear: 2017
It really is time for Holyrood to understand Deadweight Losses
Roger Sandilands Emeritus Professor of Economics, University of Strathclyde Last December, finance secretary Derek Mackay admitted he had never heard of the famous Laffer Curve that points to potential loss of fiscal revenues when tax
Continue ReadingECHR Property Rights fatally flawed
The European Convention on Human Rights (ECHR) suggests the right of ‘property’ (land) is a universal human right. But the logic of this clause is destroyed when it is revealed the ‘universal right’ extends only
Continue ReadingScotland and Scotsmen, Henry George’s speech in Glasgow City Hall
Speech: Scotland and Scotsmen Henry George’s speech in Glasgow City Hall started a process culminating in the 1909 People’s Budget. Lloyd George and Winston Churchill passed a measure through the House of Commons to collect a
Continue ReadingSLRG message on revenue heard at Westminster today
Holyrood should look to what the First Minister names “some form of land value based tax” instead of Income Tax for revenue. Ian Kirkwood delivered the SLRG recipe for increasing state revenue at Portcullis House, Westminster, on
Continue ReadingRadical tax reform: the answer to tax evasion, budget deficits and welfare cuts
by Dr Duncan Pickard The governments of almost all countries have budget deficits and increasing national debts. The taxes* they currently collect are unable to meet the increasing costs of health and welfare provision for
Continue ReadingWestminster event (18 October) to discuss AGR/LVT
SLRG’s Ian Kirkwood will outline AGR/LVT reforms open to Holyrood at a Westminster Portcullis house event on 18 October. At the event, a book of essays, Debt Death and Deadweight will be published in which
Continue ReadingScotland’s Deadweight Losses (Briefing by economist Fred Harrison)
Fred Harrison here attempts to help us understand the damaging effects of ill-thought-out taxes on Scotland’s economy. What makes it worth getting to grips with is his claim that the massive losses are entirely avoidable by collecting
Continue ReadingOur government chooses to destroy Scottish enterprises
Abandoned high streets are a highly visible cost we all pay for allowing our government to not collect Economic Rent. Less visible are the thousands of enterprises absent from areas away from the economic centres.
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