A Quote by Shirley Sherrod
We have landowners, small growers. We have people who are holding onto land that was acquired by their families after slavery. They need to produce some of the food we eat, so they can pay the taxes and hold onto the property. Taxes keep going up. We, and by we I mean black people, are rapidly becoming a landless people. Our ancestors, coming out of slavery, acquired more than 15 million acres of land. Today, we're probably down to less than 2 million acres.
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Economists are almost unanimous in conceding that the land tax has no adverse side effects. ...Landowners ought to look at both sides of the coin. Applying a tax to land values also means removing other taxes. This would so improve the efficiency of a city that land values would go up more than the increase in taxes on land.
If a thousand shares of stocks or bonds make nothing, you pay nothing. But on a thousand acres of land you pay enough to support half the community who own no land and pay no taxes.
As the stars make more and more money - one person gets $12 million, $14 million, $15 million, $20 million - everyone else is expected to work for peanuts. And that includes some extraordinary actors who are, today, working for peanuts because the production companies have decided they don't need to pay these people, and they don't.
African-Americans were dispossessed of the land by being brought over here in slave ships, whereas Indians were on the land and fought literally wars against Europeans for control of that land. And that history of dispossession, you know, if you look at the treaties, it's very interesting. Everyone thinks that Indians were ripped off in their treaties. If you look at the first round of treaties from about 1800 to the Civil War, tribes secured over 150 million acres. I think it may have been 144 million acres in those treaties. That's a large amount of real estate.
When Arizona became a state, the federal government granted our founders nearly 11 million acres of state land. Every time we sell a piece of that land, proceeds go into the Land Trust where the money is invested and earns interest.
So more than 8 million people lost their jobs. It's going to take a significant push on our part and time before that comes down. I don't anticipate it coming down rapidly.
It is certain that despotism ruins individuals by preventing them from producing wealth much more than by depriving them of what they have already produced; it dries up the source of riches, while it usually respects acquired property. Freedom, on the contrary, produces far more goods than it destroys; and the nations which are favored by free institutions invariably find that their resources increase even more rapidly than their taxes.
Of the land which the Romans gained by conquest from their neighbours, part they sold publicly, and turned the remainder into common; this common land they assigned to such of the citizens as were poor and indigent, for which they were to pay only a small acknowledgment into the public treasury. But when the wealthy men began to offer larger rents, and drive the poorer people out, it was enacted by law that no person whatever should enjoy more than five hundred acres of ground.
Land taxes is the thing. They got so high that there is no chance to make anything. Not only land but all property tax. You see in the old days, why the only thing they knew how to tax was land, or a house. Well, that condition went along for quite awhile, so even today the whole country tries to run its revenue on taxes on land. They never ask if the land makes anything. "It's land ain't it? Well tax it then."
There's 6 million people living in poverty today, more than when Barack Obama got elected. 6.5 million people are working part-time, most of whom want to work full-time. We've created rules and taxes on top of every aspiration of people, and the net result is we're not growing fast, income is not growing.
The benefits cap is right in principle because people don't pay their taxes so that families who could work don't work. People pay their taxes so we support people who really need to be supported.
People making $1 million a year are not going to do anything different if they pay more taxes.
The prairies were dust. Day after day, summer after summer, the scorching winds blew the dust and the sun was brassy in a yellow sky. Crop after crop failed. Again and again the barren land must be mortgaged for taxes and food and next year's seed. The agony of hope ended when there was not harvest and no more credit, no money to pay interest and taxes; the banker took the land. Then the bank failed.
There was a uniqueness to the American case of slavery. 10 million people, a conservative estimate, were brought to America... hundreds of people were set up in work camps, and hereditary-forced labor was put in place. That's a very different thing than the personal slavery that existed elsewhere.
Cutting taxes for very high income people an average of more than $100,000 a year for people that make more than a million dollars a year is not an effective way to get the economy going.
Let me respond with a few points, the first being that all immigrants pay taxes, income taxes, property taxes, sales taxes, gasoline taxes, cigarette taxes, every tax when they make a purchase.
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