The Illustrated American Volume 12, No. 142

The Illustrated American Volume 12, No. 142

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1892 edition. Excerpt: ...there is a clear difference between possession and ownership. A thief may have possession of a watch, but it does not follow that he owns it, for the reason that he cannot trace title to the producer by a voluntary transfer, since two men cannot occupy the same piece of land at the same time. To harmonize rights and expediency, they propose that, if they leave the individual in exclusive and peaceful possession, he pay to the others, who hold their right to the use of the same particular parcel of land in abeyance, the annual rental value which the particular and special parcel of land is worth. The community grants to the possessor a special privilege, and the "single taxers" hold he should be willing to pay in taxation what the advantage is worth. The individual who can make the best use of the land can afford to pay the most for it. This community fund should then be expended for the equal benefit of all. Of course, as a principle, it is safe to assert that all taxation retards the increase of the thing taxed. A tax on dogs decreases the number of dogs. A tax on houses diminishes the number of houses. A tax on oleomargarine discourages its production. A tax on land values reduces values. The land and its possibilities, when worked, would still be as great, only less would be absorbed by rent, and more would be left to the producer. Land values are not produced by the user of land, but by the competition of the community for its use. If use alone gives title, then, say the "single taxers," the land owner who rents his land cannot collect the rent from the tenant, since the tenant is the user, and the owner nothing but a tax collector. To the community, then, should the value of land be diverted, and the fund so...
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Product details

  • Paperback | 32 pages
  • 189 x 246 x 2mm | 77g
  • United States
  • English
  • black & white illustrations
  • 1236822986
  • 9781236822987