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I gave this presentation for my company taxation course in the College of Applied Sciences, Berlin (Germany). It covers theory and discussion concerning land tax, paying taxes online, and a combination taxation/voting reform.

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the future of taxation

The Future of Taxation

New & Different Options

K. Navi Phifer (0523482)

Company Taxation - Dr. Von Wuntsch

College of Applied Sciences, Berlin

May 12th, 2011

www.knavita.com

outline
Outline
  • Bibliography
  • How to Pay Taxes – a Voting Reform
  • On What to Pay Taxes
  • Discussion Throughout
bibliography
Bibliography
  • E-voting w/o fraud: David Bismark
  • Individual tax $ allocation: my own thoughts
  • Land tax (single tax)
    • Henry George „Progress and Poverty“ (1879)http://en.wikisource.org/wiki/Progress_and_Poverty
    • „Land & Freedom“ bi-monthly magazine (Jan/Feb 1936)
    • Mason Gaffney „Land as a Tax Base“ (1993) http://masongaffney.org
    • Irish Land Tax Implementation (Nov. 2010): http://www.thejournal.ie/government-announces-new-site-value-tax-from-2012-2010-11/
e voting without fraud
E-voting Without Fraud

David Bismark‘s Lecture – TED Talks Conference – Nov 2010

the reform
The Reform
  • Transition to online tax payment
  • Tax filing & voting: April 15th (vote unhappy, election Nov. 15th)
  • Individual allocation of tax $
discussion tax payment method reform
Discussion:Tax Payment Method Reform

Positive

+ more democratic

+ fair, just

+ tax payment more interesting (like investing)

+ politicians mustcontantly prove useful

Negative

  • rich people have more money, decisions
  • rich people may not favour greater good (votes of equal weight?)
  • certain necessities may not have enough $ (set budget)
  • budget chages each year
why land tax
Why Land Tax?
  • 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)
what is land tax
What Is Land Tax?
  • 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)
the benefits of land tax
The Benefits of Land Tax
  • 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
who implements land tax
Who Implements Land Tax?
  • 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
discussion is land tax more efficient just
Discussion:Is Land Tax More Efficient & Just?

Positive

+ no land mortgages binding farmers

+ shouldn‘t burden industry (Adam Smith)

+ tax fraud more difficult

+ tax burden shifted to wealthier peoples

+ Catholic / Christian belief well-suited for USA

  • Negative
  • difficult to assess land value
  • regular assessments
  • more „land grabbing“
  • today‘s economy less industry, more technology & finance
  • can it raise enough $$ ?
  • no clear land titles (developing countries)