By taxing land, oil, and minerals more—and forcing those who - TopicsExpress



          

By taxing land, oil, and minerals more—and forcing those who extract resources from public land to pay the full values of these resources, which rightly belong to all the people, we could then spend those proceeds for public investments—for instance, in education, technology, and infrastructure—without resulting in less land, less oil, fewer minerals. (Even if they are taxed more, these resources won’t go on strike; they won’t leave the country!) The result: increased long-term investments in our economy would pay substantial future dividends in higher economic productivity and growth—and if the money was spent right, we could have more shared prosperity. The question is not whether we can afford to do more about our inequality; it is whether we can afford not to do more. washingtonmonthly/magazine/novemberdecember_2014/features/conclusion_slow_growth_and_ine052716.php?page=all
Posted on: Sat, 08 Nov 2014 17:28:12 +0000

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