[EMAIL PROTECTED] wrote:
>
> Proudhon wrote "property is theft". George was in favour of a land tax.
> Probably both were on the right track...for different reasons and different
> outcomes. Now how to implement? Some mighty powerful interests are stacked
> against both Proudhon and George, including all the middle class home owners
> who see their homes as vehicles for investment.
[snip]
About 1980, I read in "Across the Board" an article that
specifically said that a big problem in America was that
tax policies (et.) encouraged people to "invest" in their
homes instead of in productive assets. The article said that
investing in homes was like investing in gold or keeping
your money under the mattress -- unproductive.
The article said that
America should change its tax policies (etc.) to encourage
investing in enterprise instead of in private homes.
I thought: "Wow! There may actually be some people
with some real intelligence in upper management!" ("Across
the Board" is an organ of The Conference Board, an
association of corporate CEOs.)
I also thought, peripherally: At least people should buy
multi-family/multi-purpose buildings so they can get
some rental income out of their "home".
\brad mccormick
--
Let your light so shine before men,
that they may see your good works.... (Matt 5:16)
Prove all things; hold fast that which is good. (1 Thes 5:21)
<![%THINK;[SGML+APL]]> Brad McCormick, Ed.D. / [EMAIL PROTECTED]
-----------------------------------------------------------------
Visit my website ==> http://www.users.cloud9.net/~bradmcc/
