The Future of Taxation
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The Future of Taxation



I gave this presentation in my co. taxation class; it briefly covers land tax, paying taxes through the internet, tax reform and voting reform.

I gave this presentation in my co. taxation class; it briefly covers land tax, paying taxes through the internet, tax reform and voting reform.



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  • The gov. is not working FOR the ppl; the gov. IS the working ppl
  • graph: forgot to add „bail out wallstreet bankers“
  • SET BUDGET – equal % will be taken from each catagory to meet the budget requirements for certain necesseties (such as firefighters, policemen, hospitals, and schools)
  • Georgism = everyone owns what he or she creates but everything found in nature (esp. land) belongs equally to all humans (today – animals, too!)

The Future of Taxation Presentation Transcript

  • 1. New & Different Options K. Navi Phifer (0523482) Company Taxation - Dr. Von Wuntsch College of Applied Sciences, Berlin May 12th, 2011 1
  • 2.  Bibliography How to Pay Taxes – a Voting Reform On What to Pay Taxes Discussion Throughout 2
  • 3.  E-voting w/o fraud: David Bismark Individual tax $ allocation: my own thoughts Land tax (single tax)  Henry George „Progress and Poverty“ (1879)  „Land & Freedom“ bi-monthly magazine (Jan/Feb 1936)  Mason Gaffney „Land as a Tax Base“ (1993)  Irish Land Tax Implementation (Nov. 2010): site-value-tax-from-2012-2010-11/ 3
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  • 8.  Transition to online tax payment Tax filing & voting: April 15th (vote unhappy, election Nov. 15th) Individual allocation of tax $ 8
  • 9. Positive Negative - rich people have more+ more democratic money, decisions+ fair, just - rich people may not+ tax payment more favour greater good (votes of equal weight?) interesting (like - certain necessities may investing) not have enough $+ politicians must (set budget) contantly prove useful - budget chages each year 9
  • 10.  Problem: poverty & wage slavery Philosophy & ideology: Georgism Population growth = growth in land value Problems of our time:  speculation & loans (Chinese, US housing market)  wars for oil & fresh water  limited space (agriculture, record human population, rising ocean levels) 10
  • 11.  NOT property tax No VAT, no tariffs, no income tax NOT a flat tax  Location is important  Housing & business taxed differently  xxxx Gov. controls natural monopolies Land always connected to labor (moreso than speculation) 11
  • 12.  Encourages landowners to be most efficient No tax on buildings & improvements = more development More homes & business places lowers rent No mines held idle (gov. controls natural monopolies) ... increased production & lower prices Environmentalists also support eco-tax Eliminates dead-weight losses (less economic distortion) (Allegedly) reduces speculation in housing markets Modernization: no land tax for real-estate on water 12
  • 13.  Taiwan (Republic of China) Singapore Russia Estonia Parts of Pennsylvania & Alabama, USA Parts of New South Wales, Australia Parts of Mexicali, Mexico In 2010 the Republic of Ireland announced plan to introduce (partial) LVT beginning in 2013 13
  • 14. Positive Negative - difficult to assess land+ no land mortgages binding value farmers - regular assessments+ shouldn‘t burden industry - more „land grabbing“ (Adam Smith) - today‘s economy less+ tax fraud more difficult industry, more+ tax burden shifted to technology & wealthier peoples finance+ Catholic / Christian belief - can it raise enough $$ ? well-suited for USA - no clear land titles (developing countries) 14
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