Author Archive

Cap and Dividend: A Way to Save the Climate that Can Succeed

Dec 20, 2013 Comments Off by
Extract from a seminal report.  Find it here NAMING THE PROBLEM What It Will Take to Counter Extremism and Engage Americans in the Fight against Global Warming by Theda Scokpol Political Scientist,  Harvard, US : ” Politically speaking, the cap and dividend route has a number of advantages. Instead of building political support by […]
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Put Ireland’s Natural Resources in Trust for the People

Dec 11, 2013 Comments Off by
The Constitution does not reflect contemporary knowledge of the importance and role of the environment as the basis of enduring social and economic wellbeing. It most serious flaw and oversight is that it permits the alienation of the Nation’s natural resources by the current generation of the people of Ireland by actions of the organs of the State against the interest of the common good of generations to come of the people of Ireland.
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Site Value Tax Petition to Minister Noonan

Nov 15, 2012 Comments Off by
This residential property tax will be collected on every home in Ireland. The rate you will pay, under this system, depends on the full value of your property including the building. The square footage, the number of bedrooms in your home, energy rating, are some examples of the features that assessors will use [...]
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Environmental Pillar policy on Site Value Tax

Oct 23, 2012 Comments Off by
The Environmental Pillar has added its weight to the growing push for a Site Value Tax in Ireland. Today (18 October) it released a policy on Site Value Tax, outlining the social, economic and environmental benefits that would be delivered by its implementation.
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Site Value Tax Campaign update

Oct 15, 2012 Comments Off by
Smart Taxes hosted a very lively and well attended event in Trinity College, Dublin, on Monday evening 24th September. Three ex city Mayors, one an ex Lord Mayor, announced their presence. As expected and desired, the panel were challenged with many hard and interesting questions. John Bowman showed his experience and skill in keeping the discussion on topic and well tempered. Politicians from all parties (especially the Labour Party it has to be noted) showed admirable interest in debating the property tax in Ireland, as with the launch of the Fair Tax book, but very few media columnists attended.
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Land Taxation & the Renewal of Growth in the Irish Economy

Oct 15, 2012 Comments Off by
Report by Fred Harrison: "Ireland’s lower corporate tax rate is a two-edged sword: it attracted foreign capital, but the net gains were either (i) capitalised into disruptively higher land values, which helped to fuel the property boom/bust, or (ii) were repatriated. Hong Kong’s much lower income tax heightened incentives to work, save and invest. Hong Kong is recognised as the most competitive economy in the world. We only need to compare the skyline of Hong Kong with Dublin to appreciate that something remarkably different was, and is, driving the Asian Tiger’s economic engine."
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Call for professional site valuations for property tax – The Irish Times …

Oct 15, 2012 Comments Off by
Call for professional site valuations for property tax – The Irish Times … SUZANNE LYNCH A PROFESSIONAL property assessor should be used to undertake site valuations when the property tax is introduced, an economics conference heard yesterday. Speaking at the Dublin Economics Workshop in Galway, economist Ronan Lyons said a State-wide checklist should be introduced [...]
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Press Reports on Site Value Tax in Ireland

Sep 25, 2012 Comments Off
  Image: tlindenbaum via Flickr Aaron McKenna picked up our arguments for a Site Value Tax over a property tax in his article in The Journal. See extract below Efficient use A better property tax (or at least a less bad one) would be a site value based tax, such as that economist Ronan Lyons [...]
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Call for debate on Property Taxes by Dermot Lacey, Irish Labour Party

Sep 21, 2012 Comments Off
 Smart Taxes does not agree with all of what Dermot has to say about a property tax below here – but that is not the point.  The point is that we need this debate before any decision is made, hence we make space here for his opinion as a former Mayor of Dublin City.  Don’t [...]
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“The Fair Tax” launch party

Sep 19, 2012 Comments Off
“The Fair Tax” was launched by Smart Taxes in Buswells hotel yesterday. Fr Sean Healy introduced the book with a call for general tax reform. He pointed out that Social Justice Ireland has always been a supporter of land value tax. A proposal for a land value tax to fund a citizens income has been floated in a recent European conference held on social justice issues, with which he heartily agrees. He commended the book using the words of economist Colm McCarthy in the preface.
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Launch of “The Fair Tax” in Buswell’s Hotel on the 18th September at 6.00pm

Sep 13, 2012 Comments Off
Will the 99% of Irish people be bounced into a second bailout of the elite 1% that includes the bankers, speculators and property developers? Could it be happening again under the cloak of secrecy the new Coalition has built around their new property tax? This book "The Fair Tax" compiled by the Smart Taxes network and edited by Emer Ó Siochrú is a wake up call that must not be ignored by the Irish people...
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Support for Land Value Tax in the UK from an unlikely quarter

Sep 07, 2012 Comments Off
Relaxing planning restrictions would lead to a rebalancing of land designations towards their most profitable use, namely residential housing and business. This would lead to a fall in house and business property prices as supply increased, and windfall gains to land owners. A concurrent LVT would capture some of those gains. As the tax base is observable and fixed, neither avoidance nor evasion is possible, making collection cheaper. Substituted for other distortionary and inequitable taxes such as council tax and business rates, LVT could also increase efficiency. Paired with an overhaul of the antiquated system of land-use planning, it would boost growth and ease budgetary woes.
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Land and Money Reform Synergy in New Zealand

Jul 24, 2012 Comments Off
This is an intriguing and very innovative concept developed in New Zealand by Deirdre Kent. The paper is very long so I will post only excerpts, the summary and autobiographic details. It links a land value tax with a new local government issued money and with a new medium of land ownership that recalls Chris Cook's Limited Liability partnership model. [...]
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