Dr Gavin Putland submitted this letter to The Australian Financial Review. The AFR has published it today with some editing that removes the option of a charge on unimproved land values.
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I see Oxfam has published statistics showing 85 people control as much wealth as the poorest half of the world. I’d be much more impressed with Oxfam were they to observe that as those 85 people control much of the world’s natural resources, a charge on the value of natural resources held, as an alternative to taxation, is the best way to remedy this obscenity.
WTF HIS capital??? What did he sell or make to get this capital? He just had a good time with some 1 else’s captial I would to if it wsnt mine to lose.