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A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer by a governmental organization in order to collectively fund government spending, public expenditures, or as a way to regulate and reduce negative externalities. Tax compliance refers to policy actions and individual behaviour aimed at ensuring that taxpayers are paying the right amount of tax at the right time and securing the correct tax allowances and tax relief. The first known taxation took place in Ancient Egypt around 3000–2800 BC. Taxes consist of direct or indirect taxes and may be paid in money or as its labor equivalent.
A land value tax (LVT) is a levy on the value of land without regard to buildings, personal property and other improvements upon it. It is also known as a location value tax, a point valuation tax, a site valuation tax, split rate tax, or a site-value rating.
Henry George was an American political economist and journalist. His writing was immensely popular in 19th-century America and sparked several reform movements of the Progressive Era. He inspired the economic philosophy known as Georgism, the belief that people should own the value they produce themselves, but that the economic value of land should belong equally to all members of society. George famously argued that a single tax on land values would create a more productive and just society.
Georgism, also called in modern times Geoism, and known historically as the single tax movement, is an economic ideology holding that, although people should own the value that they produce themselves, the economic rent derived from land—including from all natural resources, the commons, and urban locations—should belong equally to all members of society. Developed from the writings of American economist and social reformer Henry George, the Georgist paradigm seeks solutions to social and ecological problems, based on principles of land rights and public finance that attempt to integrate economic efficiency with social justice.
A single tax is a system of taxation based mainly or exclusively on one tax, typically chosen for its special properties, often being a tax on land value.
St Thomas was a hub of the West Indies packet service from 1851 to 1885. Initially mail was transported by a Spanish packet to and from Puerto Rico; but in July 1867 the British picked up the mail contract, and packet letters are known using British stamps as late as 1879.
A stamp act is any legislation that requires a tax to be paid on the transfer of certain documents. Those who pay the tax receive an official stamp on their documents, making them legal documents. A variety of products have been covered by stamp acts including playing cards, dice, patent medicines, cheques, mortgages, contracts, marriage licenses and newspapers. The items may have to be physically stamped at approved government offices following payment of the duty, although methods involving annual payment of a fixed sum or purchase of adhesive stamps are more practical and common.
"The Land" is a protest song, traditionally sung by the Georgist movement in pursuit and promotion of land value taxation. Its first appearance is from a Chicago Georgist publication, The Single Tax, in 1887 as "The Land Song" Until the late 1970s it was sung at the end of each year's Liberal Assembly and was the party anthem of the Liberal Party, until that party merged with the SDP to form the Liberal Democrats. To this day it remains the de facto anthem of the Liberal Democrats, and is sung as the first song of the Liberal Democrats' Glee Club, at the twice-per-year Liberal Democrat Conference, and is the party anthem of the continuity Liberal Party. During the chorus, the phrase 'ballot in our hand' is accompanied by the collective waving of any paper to hand by the audience.
Kharāj is a type of individual Islamic tax on agricultural land and its produce, regardless of the religion of the owners, developed under Islamic law.
The ryotwari system was a land revenue system in British India introduced by Thomas Munro, which allowed the government to deal directly with the cultivator ('ryot') for revenue collection and gave the peasant freedom to cede or acquire new land for cultivation.
Principles of Political Economy (1848) by John Stuart Mill was one of the most important economics or political economy textbooks of the mid-nineteenth century. It was revised until its seventh edition in 1871, shortly before Mill's death in 1873, and republished in numerous other editions. Beside discussing descriptive issues such as which nations tended to benefit more in a system of trade based on comparative advantage, the work also discussed normative issues such as ideal systems of political economy, critiquing proposed systems such as communism and socialism. Along with A System of Logic, Principles of Political Economy established Mill's reputation as a leading public intellectual. Mill's sympathetic attitude in this work and in other essays toward contemporary socialism, particularly Fourierism, earned him esteem from the working class as one of their intellectual champions.
Land value taxation has a long history in the United States dating back from Physiocrat influence on Thomas Jefferson and Benjamin Franklin. It is most famously associated with Henry George and his book Progress and Poverty (1879), which argued that because the supply of land is fixed and its location value is created by communities and public works, the economic rent of land is the most logical source of public revenue. and which had considerable impact on turn-of-the-century reform movements in America and elsewhere.
The Single Tax was a monthly newspaper launched in June 1894 and published in Glasgow by the Scottish Land Restoration Union. The periodical changed its name in June 1902 to Land Values, which subsequently became, in June 1919, the contemporary magazine Land&Liberty.
Land&Liberty is a quarterly magazine of popular political economics: its focus is the relationship between land and natural resource rights and 21st century economic policy. Published in the UK it covers international affairs and events from a global perspective.
The Henry George Foundation is an independent UK economic and social justice think tank and public education group concerned with "the development of sound relationships between the citizen, our communities and our shared natural and common resources". The Henry George Foundation describes itself as "active on three broad fronts: research, education, and advocacy". The Foundation takes its name from Henry George, the 19th Century economist and proponent of the taxation of land values.
The English League for the Taxation of Land Values was a Georgist political group. It was a historic precursor of two present-day reform bodies: the international umbrella organisation the IU and the UK think tank the Henry George Foundation. The object of the League was
the taxation for national and local purposes of the 'unimproved value of the land', ie the value of the land apart from the buildings or other improvements in or upon it. The League actively support[ed] all proposals in Parliament for separate valuation of land, and for making land values the basis of national and local taxation.
The Scottish League for the Taxation of Land Values is an independent national campaigning organisation that advocates radical reform of Scotland's system of taxation. Known as The Scottish League, the organisation advances the programme of the nineteenth-century American social reformer Henry George. The League publishes books and other material, and is a participant in the ongoing public debate over the future of Scotland’s land and tax system.
The Braintree Instructions was a document sent on September 24, 1765 by the town meeting of Braintree, Massachusetts to the town's representative at the Massachusetts General Court, or legislature, which instructed the representative to oppose the Stamp Act, a tax regime which had recently been adopted by the British Parliament in London. The document is significant because, following the Virginia Resolves, it was among the earliest in British America to officially reject the authority of Parliament over the colonies in North America. The instructions were written by John Adams, who would ten years later become a key figure in the American Revolution and ultimately be elected the second President of the United States in 1796.
Benjamin Ricketson Tucker was an American individualist anarchist. Tucker was the editor and publisher of the American individualist anarchist periodical Liberty (1881–1908). Tucker described his form of anarchism as "consistent Manchesterism" and stated that "the Anarchists are simply unterrified Jeffersonian Democrats."
The Land Tax was a land value tax levied in England from 1692 to 1963, though such taxes predate the best-known 1692 Act. Taxes on land date back to the Norman Conquest and beyond, and the Land Tax introduced in 1692 was a natural successor to taxation acts in 1671 and 1689, but the 1692 act "has been regarded as a turning point in the history of English revenue collection. It was from this Act that contemporaries and historians alike date what has come to be known as the eighteenth-century Land Tax". The land tax elements of the 1671, 1689 and 1692 Acts were limited to one year but the 1798 Act made the tax perpetual.
References
- ↑ Land Values, vol. IX, no. 97, Glasgow, June 1902, p. 1
- ↑ Joseph Edwards, ed. (21 July 1909). Land and Real Tariff Reform. The Land Reformers’ Handbook (First Edition of First Issue ed.). London: Joseph Edwards with The Clarion Press, LD and ILP, New Age Press TCP. p. 75.
- ↑ Land&Liberty, vol. XX, no. 301, London and Glasgow, June 1919, p. 136