Ricardo's Law
House Prices And The Great Tax Clawback ScamBy Fred Harrison
Length14h 33m
About this audiobook
This book offers the first comprehensive assessment of Tony Blair's premiership and his Third Way project. It reveals the hidden flaw in the market economy which explains why politicians, of all parties, cannot keep their grand promises.
Blair promised to reform the Welfare State - the pact between people and their governments to abolish the evils of poverty and ignorance. In fact, however, despite a record three election victories in a row, the gap between rich and poor widened. The reason, the author argues, is the method government relies on to raise taxes. Contrary to intention, the tax burden on low-income earners increased, while property owners have enjoyed record capital gains. The outcome is over £1trillion indebtedness which renders tens of thousands of families vulnerable to bankruptcy and the loss of their homes in the next recession.
Fred Harrison reveals how taxpayers' money is channelled behind the scenes, through 'the invisible hand', from poor to rich people and from poor to rich parts of the country.
Public spending, for example on roads, railways, schools and hospitals, makes a major contribution to rising land values. These benefit house and other property owners, rich ones more than poor ones, desirable locations and asset-rich parts of the country more than poor ones, but those who rent their properties do not share in the windfall gains. In fact, they have to pay rising rents.
Taking Britain as a case study, Harrison escorts the reader along an old Roman road from south to north to pin-point how poverty is institutionalised in the growing divide between rich and poor. Along the way he illuminates the inner workings of tax policies and property rights that similarly afflict all market economies
Tax reform is on the political agenda in the West, but politicians continue to believe their consultants who tell them that 'broad-based' taxes are necessary.
Audiobook details
GenrePolitics and Government
Length14 hrs 33 mins
Narrated byListen with 1,000+ voices
FormateBook with Audio
Publish dateAug 8, 2012
LanguageEnglish
Table of contents
1Fred Harrison’s
2© Fred Harrison 2006
3Select Bibliography Acknowledgements About the Author
4Prologue
5Civil War by Other Means
Show all chaptersShow less
6large segments of
7social
8Figure 1
9for
10Four Indictments
11the 21st century –
12the comprehensive recognition of an
13Indictment I
14it
15Indictment II
16to
17Indictment III
18Indictment IV
19Box 1 Tyranny of the Experts
20REFERENCES
21Part I
221.1 Fifteen Million Victims
23lowest
241.2 Stealthily Does It
25Box 1:1 Government’s 3-Card Trick
26Windfall Gains from House Values @ 5% per annum
271.4 What’s Going on Here?
282.1 The Theory of Rent
29The Nation’s Income
30the
31achieve ever deeper accomplishments in the human voyage through time and space.
32The first 400 years of the first millennium
33it as
34Box 2:1 The Rules of Whose Law?
35then on, statute
362.4 The Riches of Babylon
37REFERENCES
383.1 The Margin as Place
39Graph: 3:1
40to
413.2 The Margin as Political War Zone
42The Imploding Economy
433.3 The Margin as State of Mind
443.4 Zone Beyond the Margin
45Figure 3.2
46REFERENCES
47Governance as a Science
484.1 The Nature of Society
49technique
50the previous 20 years.5 The experiment
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