Author Archive

Tax – and Spend Better

Jul 08, 2012 Comments Off on Tax – and Spend Better
Wessex Regionalists say .....Talk of plugging loopholes suggests that the tax system requires nothing more than a little fine-tuning. In fact, it could do with a major overhaul. A Land Value Tax to deter speculation and prevent derelict land lying idle, for the first time integrating planning policy, land ownership policy and revenue-raising across the board. [..]
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Marshall Auerback Explains (Again) How to Save the Euro..

Jun 28, 2012 Comments Off on Marshall Auerback Explains (Again) How to Save the Euro..
The proposal is for the ECB to create and then distribute trillions of euros annually to the national governments on a per capita basis. The per capita criterion means that it is neither a targeted bailout nor a reward for bad behavior. In fact, as the largest economy, Germany would get the largest distribution of euros from the ECB. This distribution would immediately adjust national government debt ratios downward, which eases credit fears without triggering additional national government spending. [...]
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Yanis compares the Greek election to the Irish vote on the Fiscal Treaty

Jun 14, 2012 Comments Off on Yanis compares the Greek election to the Irish vote on the Fiscal Treaty
Interesting comments on Ireland vis a vis Greece and the way we should have voted and why by Yanis Varoufakis. Its worth noting that Sinn Fein invited Yanis to Dublin last year before he won his present high profile.  It is easy to underestimate Sinn Fein's very fast learning curve in economics and monetary systems.  [...]
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Viral Speech by George Soros Speech – “the authorities have a three months’ window during which they could still correct their mistakes”

Jun 06, 2012 Comments Off on Viral Speech by George Soros Speech – “the authorities have a three months’ window during which they could still correct their mistakes”
This speech has been causing consternation amongst economists and investors. I suppose it is because Soros is telling the truth of the situation as he sees it stripped of wishful thinking. You will see that Europe is likely to experience an eventful three months at the end of which things will have changed fundamentally - whether for better or worse is impossible to say. I think that Soros smart as he is, may not have spotted a third outcome - that of the recognition of the Euro as a social commons and the ECB as its trustee. [...]
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Site Value Tax on the cards ! (I so hope that Fionnan has got this right)

Jun 04, 2012 Comments Off on Site Value Tax on the cards ! (I so hope that Fionnan has got this right)
Fionnan Sheehan writing in today's Sunday Independant has given us reason for hope. Homeowners who have not paid the €100 household charge will start receiving personal letters in the coming weeks telling them to pay up. Environment Minister Phil Hogan is targeting the 650,000 householders who have not paid after shelving the difficult issue [...]
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Scoop.it Modern Money Theory

May 20, 2012 Comments Off on Scoop.it Modern Money Theory

Link to weekly newsletter on MMT or Modern Monetary Theory: Modern Monetary Theory

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Scoop.it Green Job Guarantee

May 20, 2012 Comments Off on Scoop.it Green Job Guarantee

Here is the link to a weekly newsletter on the green job guarantee: Green Job Guarantee

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Scoop.it Land Value Tax

May 20, 2012 Comments Off on Scoop.it Land Value Tax
I am a very reluctant Facebook user but I had to sign up to use this very useful tool ‘Scoop.it’ that Facebook controls.  Using it, I have set up a little newsletter on Land Value Tax with stories gleaned from all over the world that I will update weekly.
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Steve Keen in Extended Inteview on BBC Hardtalk : Brilliant!

May 20, 2012 Comments Off on Steve Keen in Extended Inteview on BBC Hardtalk : Brilliant!
Watch it on youtube
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The Fiscal Summit Counter-Narrative: Part Two, Defining Fiscal Sustainability

May 20, 2012 Comments Off on The Fiscal Summit Counter-Narrative: Part Two, Defining Fiscal Sustainability
New blog source Corrente I found that is spreading Modern Monetary Theory ideas. It gives a well recorded account of a Fiscal Counter Summit with all of the MMT big hitters. The second part includes Bill Mitchell which I excerpt here to give some southern hemisphere balance on our Smart Taxes blog. He says in short "the sustainable goal of the economy should be the zero waste of the people in the economy… . as a consequence of the way we structure our economy and the way that policy intervenes to manipulate the economy.”
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Ronan Lyons’s Irish Times Opinion Piece on Site Value Tax

Apr 29, 2012 Comments Off on Ronan Lyons’s Irish Times Opinion Piece on Site Value Tax
A good property tax is about getting land used well and financing local services and amenities. A RESIDENTIAL property tax in Ireland is a key part of fixing the gap between public spending and public revenues. [...]
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Dr Constantin Gurdgiev “Water and Property Taxes”

Apr 29, 2012 Comments Off on Dr Constantin Gurdgiev “Water and Property Taxes”
Years ago, I quipped that Ireland doesn’t do evidence-based policies, instead we do policies-based evidence. Current whirlwind of taxation initiatives is the case in point. These include [...]
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A useful resource to learn about Land Value Tax from Scotland

Apr 29, 2012 Comments Off on A useful resource to learn about Land Value Tax from Scotland
Here are some links from a website of Andy Wightman, a Scotish supporter of LVT [...]
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