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Thursday, September 3, 2009

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Reaction towards Henry George



Taxation is the trade mark of Henry George

I will not argue him, that holds that everyone owns what they create, but the everything found in nature, most importantly land, belongs equally to all humanity. So much important for that, that’s the reason there’s a land value tax. And the premiere purpose of that is for equal distribution of the wealth by means of Gvt.spending.

We knew that George theory plays good circulation in mankind, mostly in Philippines because the only principal sources of Gvt. Revenue is taxation. I’m hoping that the said Revenue all distributed to the Filipino. The theory of Henry George will considered invaluable if the tax we paid will evaporate later on and it will not distributed to the most needed.

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