Wealth and Want
... because democracy alone is not enough to produce widely shared prosperity.
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Mason Gaffney: Cannan's Law
There is a federal interest in better tax assessment of land, to keep buyers of used buildings from overallocating their tax "basis" to depreciable buildings, thus arranging falsely to depreciate land, and erode federal revenues. Something like a national board of equalization is called for. The U.S. Census of Governments, with the pioneering work of Allen Manvel and political support from Illinois Senator and Economics Professor Paul Douglas, established the precedent. While we're at it, let us outlaw the sequential depreciation of the same building by successive owners, an obvious outrage.

The result of such measures would be to restore the concepts of dignity of labor, and the key role of income-creating investing (as opposed to acquiring existing wealth and rent-seeking). ... read the whole article

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Wealth and Want
... because democracy alone hasn't yet led to a society in which all can prosper