Wealth and Want The URL comes from the subtitle to Progress & Poverty -- and the goal is widely shared prosperity in the 21st century. How do we get there from here? A roadmap and a reference source.
Reforming the Property Tax for the Common Good I'm a tax reform activist who seeks to promote fairness and reduce poverty. Let's start with the enabling legislation and state requirements for the property tax. There are opportunities for great good!
Henry George: Progress and Poverty: An inquiry into the cause of industrial depressions and of increase of want with increase of wealth ... The Remedy This is perhaps the most important book ever written on the subjects of poverty, political economy, how we might live together in a society dedicated to the ideals Americans claim to believe are self-evident. It will provide you new lenses through which to view many of our most serious problems and how we might go about solving them: poverty, sprawl, long commutes, despoilation of the environment, housing affordability, wealth concentration, income concentration, concentration of power, low wages, etc. Read it online, or in hardcopy.
Bob Drake's abridgement of Henry George's original: Progress and Poverty: Why There Are Recessions and Poverty Amid Plenty -- And What To Do About It! This is a very readable thought-by-thought updating of Henry George's longer book, written in the language of a newsweekly. A fine way to get to know Henry George's ideas. Available online at progressandpoverty.org and http://www.henrygeorge.org/pcontents.htm
Progress and Poverty, by Henry George Here are links to online editions of George's landmark book, Progress & Poverty, including audio and a number of abridgments -- the shortest is 30 words! I commend this book to your attention, if you are concerned about economic justice, poverty, sprawl, energy use, pollution, wages, housing affordability. Its observations will change how you approach all these problems. A mind-opening experience!
A committee convened by former New York Governor Spitzer is looking at the Property Tax in NYS with an eye to capping it or providing so-called circuit breakers, in the form of a rebate from the state for any 70% of the residential (owner-occupied, first home) property tax that exceeds a certain percentage of a household's Adjusted Gross Income.
Americans have a tendency to respect those who are "self-made men."
This seems to include people whose fortunes have been made in real
estate. The latest example in the news is the outgoing governor of New
York, whose father, Bernard Spitzer, reportedly has a $500 million
portfolio of properties, most or all in NYC.
I have nothing against real estate developers in their role as
developers. They bring large amounts of money and multiple talents to
bear to create new modern buildings on sites previously occupied by
more modest buildings suitable to another decade or century. And when
they build they generally create the venues in which dozens, even
hundreds, of entrepreneurial visions can be made into reality, and
where thousands, sometimes tens of thousands, of people can be employed
in a single building. Appropriate development of choice sites, served
by existing infrastructure such as NYC's elaborate transportation
system and things as prosaic as city water, sanitary sewers, stormwater
runoff, and all the other systems that are paid for by we-the-people:
schools, public safety, public health, libraries, courts, hospitals,
etc., means that specialized work can take in the center of the central
business district, conducted by people who come from a 360 degree
radius. It minimizes sprawl on the fringe, and makes the economy work
But there are other facets of the real estate business that I think
are "opportunities for plunder" that should be restructured to serve
the common good instead of the private good. This involves a revision
of our notions of what is right, what is just, what is rightly private
property and what legitimately belongs to the commons.