Show REFORMIST AX The Truth About the Best Forms of Raising i i from Taxation of Land by the Joseph Fels Fund of It is not necessary to portray the industrial that have made their appearance in America with- in the past few Two generations ago there was opportunity for In so far as poverty was accidental or During the intervening years the public domain has been the resources of the nation have been and the difficulties of making a living have greatly Opportunities for employment have not kept pace with the demand for Incurring industrial and irregularity of employment have created a residuum of unemployment resulting an army of and Poverty has be- corae a permanent condition to an increasing if not to an increasing of our Poverty has become a national The expenditures of states and cities have grown with great The ordinary revenues the federal government approximate Those of cities and local divisions aggregated more in The burden of amounts' to nearly two billion or dollars' per This does not include m indirect cost of the f Remedy The remedy proposed is the abolition of all taxes on i Personal farm animals on and tools and goods of all well as all state and federal taxes on conation by means of excise or tariff In lieu r taxes we proposed a tax levied upon I jat value which inheres in land on the value of the of the development of industry and the necessities of do not propose to tax but tho economic rent df suburban and rural of of and mineral whose value is conservatively estimated ot from two four thou- sand million dollars a It is not proposed to tax land as but the annual site-value or rent of The remedy proposed is within the realm of practical politics in our cities and states at It can be accomplished by abandoning the taxes now levied on personal property and and by levying all state and local taxes upon land Then the revenues of the cities and the state would be collected economic Here they would for it is admitted by economists that land-value taxes cannot be They remain where they originally Feasibility of the The separate assessment of values and js already an accomplished New York City has separated its assessment since It values its ease and scientific Boston has done the same thing for many San Francisco and many other cities separate valuation in the same Certain provinces of Northwest Canada have never taxed New South New Zealand other Australasian colonies have relieved from local taxes The Budget proposes the valuation of city and agricultural and mineral sites for the purpose of levying a special while the German cities have been collecting an average of per of the profit of the land speculator since There is no any question of simplicity of land nor of the feasibility tax on |