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Topic: Single Tax


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In the News (Tue 22 Dec 09)

  
  FSTC History
The single tax is based upon the obvious conclusion that all men are common heirs to the earth upon which they must live, and from which, by their labor, they must extract everything that ministers to their continued existence and the satisfaction of their ever-expanding ambitions and desires.
Tax income of government, dependent in large part on production and distribution, is decreased; and the country finds itself in the grips of a recession or a full-fledged depression.
Under the single tax, the government, not the land holder, is entitled to that portion that is now paid to the so-called "owners" of land as rent.
www.fairhopesingletax.com /history_7.html   (1266 words)

  
 Archive | December 25, 2000 | One single, simple tax
Tax simplification reduces the burdens of tax compliance, reduces the silly decisions that tax breaks produce, and reduces the additional risk added to investments of money, thought, and time when the rules of taxation are needlessly complex and constantly changing.
Tax simplification is part of a greater argument for simplification of law and regulation, an argument are based upon the premise that predictability increases compliance, respect, efficiency, and a perceived common investment by many members of society.
States should be given the option of repealing all state taxes and receiving a percentage of the overall tax raised by the federal government from that tax, or maintaining their existing tax systems and receiving none of this revenue.
www.enterstageright.com /archive/articles/1200simpletax.htm   (1887 words)

  
 TCS Daily - Toward a Single-Digit Tax Rate
What I propose is that we adopt a value-added tax (VAT), also known as a consumption tax, in addition to the other taxes, while adopting a rule that says no single tax may have a double-digit marginal rate.
As it stands now, the social cost of the corporate income tax (including compliance costs, the costs of rent-seeking as K Street lawyers lobby for exemptions, and the costs of economic distortions) exceed the revenue that it brings in, which is why it is reasonable for economists to support abolishing the corporate income tax altogether.
My hypothesis is that with a tax rate of 8 percent, the K street rent-seeking would diminish sharply, compliance costs would decline because of reduced complexity as well as reduced incentives to dodge the tax, and the economic distortions would be reduced as well.
www.tcsdaily.com /article.aspx?id=111604A   (1648 words)

  
 Nancy T. Wolfe / The Single-Tax Campaign in Delaware 1895-96
When the revenue increased sufficiently, the taxes and poll taxes for state purposes were abolished, leaving these sources of revenue to the counties."[5] Aware of dissatisfaction with this system, the legislature had in 1893 appointed a commission to develop recommendations for improvements.
This was the slogan under which the army of Single Taxers moved, and their massage had two basic tenets - that the land was provided by God for the use of all men equally, and that a tax based on the value of the land alone was the only equitable tax.
Patiently the Single Taxers explained time and again their belief that each man was entitled to the full profit of the product of his own creativity and labor and that these should not be taxed.
www.cooperativeindividualism.org /wolfe-nancy_single-tax-campaign-in-delaware.html   (3098 words)

  
 Robert Schalkenbach Foundation
Nor is it a tax on land, for we would not tax all land, but only land having a value irrespective of its improvements, and would tax that in proportion to that value.
These taxes necessarily fall on the poor more heavily than on the rich; by increasing prices, they necessitate a larger capital in all businesses, and consequently give an advantage to large capitals; and they give, and in some cases are designed to give, special advantage and monopolies to combinations and trusts.
The tax we would increase would destroy that monopoly of land which is the great cause of that distribution of population which is crowding the people too closely together in some places and scattering them too far apart in other places.
www.schalkenbach.org /library/george.henry/SingleTax.htm   (1902 words)

  
 Taxes on Businesses
Single business tax receipts comprised about 9 percent of all state tax revenue when the levy went into effect, rose to a high of 17.5 percent in 1988, and now are back to 9 percent.
Unemployment insurance taxes are paid by almost all businesses that (1) employ one or more employees in any 20 given weeks in a calendar year or (2) in a calendar year paid $41,000 or more in payroll to employees covered by unemployment insurance.
For 2001 tax rates may range from 0.1 percent (for businesses that have had no layoffs in the last seven years and an adequate reserve in their account) to 8.1 percent (for firms with high layoffs and little or no reserve).
www.michiganinbrief.org /edition07/Chapter5/TaxesonBus.htm   (3859 words)

  
 McMillan - Alberta's Single Tax Rate
The reforms were driven by concern for rising income tax burdens due to inadequate adjustments for inflation under the federal system, the tax burden of single-earner families, and high tax rates.
Replacing the positive rates with a single rate of 11% means that those in the lowest bracket with taxable income will face a higher tax rate, those in the highest bracket a lower tax rate and those in the middle will see no real change.
If the change to a single rate was not accompanied by a tax reduction (i.e., was revenue natural), taxpayers with $40,000 of taxable income might experience about a 20 percent increase in income taxes while those with $200,000 income could realize a 20 percent reduction.
www.ualberta.ca /PARKLAND/post/OldPost/Vol3_no3/McMillan_singletax.html   (1547 words)

  
 Twice-Single Tax single tax reform Henry George   (Site not responding. Last check: 2007-11-01)
George also explained that the tax on land rent is different from other taxes in that it is a payment for the services attached to territory, whereas taxes on income, sales, and goods have little relationship to government services.
Therefore, the single tax is single in being a single payment for government services, rather than the double payment that takes place when wages and profits are taxed.
A tax only on rent is a twice-single tax, single in terms of there being only one type of tax and single in being only one payment for government services.
www.progress.org /archive/fold47.htm   (751 words)

  
 Michigan Single Business Tax Revenues
Single Business Tax established at 2.35 percent replacing eight previous taxes including a corporate and financial institutions income tax, an annual corporation franchise fee, the business portion of the intangibles tax, the property tax on inventories, and various privilege taxes on savings and loans and domestic insurance companies.
Changed for tax years 1997 and 1998, apportionment of tax base so that sales account for 80 percent, and property and payroll account for 10 percent each; changed for tax years after 1999, apportionment of tax base so that sales account for 90 percent, and property and payroll account for 5 percent each.
The Insurance Tax rate is reduced proportionately to the SBT rate.
www.crcmich.org /Almanac/Taxes/sbthist.html   (235 words)

  
 Georgism - Wikipedia, the free encyclopedia
In practice that implies a high land value tax (LVT), although no change in land rental prices (other than those caused by reduction of other taxes and regulations) for reasons first explained by Adam Smith.
These terms reflect a difference of emphasis, and sometimes real differences about how land rent should be spent (citizen's dividend or just replacing other taxes); but all agree that land rent should be fully taxed.
George's ideas were also predated by traditional land taxes in Japan and other countries.
en.wikipedia.org /wiki/Single_Tax   (420 words)

  
 Henry George / The Single Tax What It Is and Why We Urge It
We propose to abolish all taxes save one single tax levied on the value of land, irrespective of the value of the improvements in or on it.
It would dispense with a whole army of tax gatherers and other officials which present taxes require, and place in the treasury a much larger portion of what is taken from people, while by making government simpler and cheaper, it would tend to make it purer.
These taxes necessarily fall on the poor more heavily than on the rich; by increasing prices, they necessitate a larger capital in all businesses, and consequently give an ad- vantage to large capitals; and they give, and in some cases are designed to give, special advantage and monopolies to combinations and trusts.
www.cooperativeindividualism.org /george_singletax.html   (1897 words)

  
 Single Tax - Search Results - MSN Encarta
Single Tax, doctrine of social reform developed by the American social philosopher and economist Henry George, according to which all taxation would...
Income Tax, a tax on the earnings of a person or corporation.
Income taxes provide the largest single source of government revenues in most...
ca.encarta.msn.com /Single_Tax.html   (157 words)

  
 Single Business Tax - CRC Tax Outline
At the time it became apparent that SBT rate reductions would be paused, Public Act 531 of 2002 was approved eliminating the tax altogether with tax years beginning after December 31, 2009.
Business conducted in the state is subject to the tax even if the business does not have a physical presence in the state.
1 The Single Business Tax replaced eight previous taxes including an income tax on corporations and financial institutions, an annual corporation franchise fee, the business portion of the intangibles tax, the property tax on inventories, and various privilege taxes on savings and loans and domestic insurance companies.
www.crcmich.org /TaxOutline/Business/sbt.html   (1039 words)

  
 Online NewsHour: Focus - Flat Tax? -- January 17, 1995
taxes from their income taxes; require a 2/3 majority vote in Congress to raise that single tax rate in the future.
And then, as you said, have a generous exemption for the poor, allow for the deductibility of the payroll tax and leave in the interest on a mortgage if the financial institution pays tax on the interest of the mortgage--that they earn from the mortgage--the homeowner can deduct the mortgage, leaving charitable contributions.
Those are recognized in the models that people use to calculate what--the revenue impact, but to suggest that somehow we can have tax cuts on the rich that pay for themselves so we don't have to raise taxes on middle income families, that just goes against all of our history.
www.pbs.org /newshour/bb/budget/flat_tax_1-17.html   (2250 words)

  
 Henry George and the Single Tax
The "Single Taxers," as his followers came to be called, chose Delaware because of its small size and its close proximity to Philadelphia and New York, where the largest Georgist movements flourished.
Through their efforts the single tax was hardly ever allowed to be implemented at a local level, and certainly never at the state or federal level.
If a land-valued tax is to be implemented in the city, then a higher tax rate is needed to generate the same or greater revenue.
www.henrygeorge.org /denigris.htm   (3405 words)

  
 Single Tax Proposal
The Single Tax will be collected or recorded immediately upon every conceivable transaction and paid to the government at the day’s end or at the end of the week.
Tax on the purchase of a $250,000 house would be $250 to $750.
Implementing the Single Tax Proposal into law will enable no less than $10 trillion to be disbursed to the federal, state, city and all other governments for their use.
www.singletax.us /page001.htm   (2647 words)

  
 Tax Reform
Under the current tax system, a housewife can enter the labor market in a minimum-wage job and be taxed at a 40 percent marginal tax rate because of her husband's earnings.
Because there is only one tax rate, because the only exemption is a personal allowance and because all income is taxed only once, the flat tax removes distortions of the current tax system that prevent resources from being allocated to their highest valued use.
Since the excess burden is part of the tax burden, it stands to reason that to the extent there are economic and political limits to taxation they apply to the total cost of the tax system, including the excess burden.
www.ncpa.org /pi/taxes/taxbook/taxbook10.html   (10226 words)

  
 Scranton Single Tax Office
Its purpose is to provide tax information and forms.
Some tax forms are automated so you can make a few entries on the form and it will automatically complete the form.
The tax return forms, regulations booklets, and the statements and notices are ".pdf" files.
www.single-tax.scranton.pa.us   (172 words)

  
 Filing Status, IRS and Tax
As a widow or widower, you may file a joint tax return with your deceased spouse for the tax year in which he or she died, provided that you do not remarry within that tax year.
Because medical expenses are tax deductible to the extent that they exceed 7.5% of adjusted gross income (AGI), one spouse may be able to make better use of itemized deductions on a separate tax return, where the AGI may be considerably lower than if a joint tax return is filed.
You may choose to file your tax return as a Head of Household if you are not married (as of December 31, 2004) and have at least one child or relative who can be claimed as a dependent on your tax return.
www.wwwebtax.com /general/filing_status.htm   (2164 words)

  
 The Tax Foundation - The Case for a Single-Rate Tax: Why Our Progressive Tax Code is Inconsistent with the Changing ...
A majority of American adults believe federal taxes are too high, the tax code is too complex, and the income tax system is unfair.
These families are taxed at the highest income tax rates because our progressive tax rate system is not fully adjusted for such things as cost of living, age, education, or the number of incomes in a household.
Such a tax should be set a low rate, applied to a broad base, and have as few deductions as is politically possible.
www.taxfoundation.org /publications/show/420.html   (351 words)

  
 Tax Policy Center | Publications
Unlike single tax filers, heads of household are often eligible for significant tax benefits that can be penalized away by marriage.
A couple's total penalty or subsidy reflects the combined impact of all provisions that force some of the couple's income—whether from earnings or tax benefits—to be taxed at a different rate once they marry.
This outcome occurs because the new law doubles the size of the standard deduction, the width of the 10 percent bracket, and the width of the 15 percent bracket for married filers versus single filers.
www.taxpolicycenter.org /research/Topic.cfm?PubID=310552   (3308 words)

  
 Alberta Finance - Personal Income Tax - Index
Click on the links to your right for commonly used personal income tax forms (located on the CRA website); information about Alberta Royalty Programs for Individuals and Trusts, the Alberta Family Employment Tax Credit, and Alberta Finance news releases on taxes/rebates.
Albertans pay low personal income taxes, with the lowest top marginal income tax rate and the highest basic and spousal amounts in Canada.
This is due in part to the cuts to personal income taxes made between 1999 and 2001, worth $1.5 billion at the time.
www.finance.gov.ab.ca /business/tax_rebates/bill18_personal/index.html   (236 words)

  
 The Single Tax   (Site not responding. Last check: 2007-11-01)
It would get rid of taxes which necessarily promote fraud, perjury, bribery, and corruption, which lead men into temptation, and which tax what the nation can least afford to spare--honesty and conscience.
On the other hand, the insufficient taxation of land values enables men to make large fortunes by land speculation and the increase of ground values--fortunes which do not represent any addition by them to the general wealth of the community, but merely the appropriation by some of what the labor of others creates.
Thus we have scores of families living under a single roof, and other families living in dugouts on the prairies afar from neighbors--some living too close to each other for moral, mental, or physical health, and others too far separated for the stimulating and refining influences of society.
members.aol.com /singletax   (1871 words)

  
 Thurrock Council | Council Tax | Single Person Discounts
The full Council Tax is made up of a property element (50%) and a person element (50%).
You can claim by completing a Single Person Discount form available from the Council Tax office and Local Offices, or by writing to the Council Tax office claiming the discount and giving the date from which you wish to claim.
It is difficult to provide documents or other evidence showing that you live alone, but the sort of evidence that might be acceptable would be copies of claims for various state benefits which involve declaring your personal circumstances.
www.thurrock.gov.uk /counciltax/content.php?page=single_person   (529 words)

  
 EconLog, Single Tax Rate, Arnold Kling: Library of Economics and Liberty
Alan Reynolds argues that many problems with tax systems go away if you use a single tax rate.
Income originating in business (and used to pay interest and dividends to investors) can be taxed at the business source, rather than distributed to individuals and taxed at different rates depending on what their annual salaries happen to be that year.
While that's good news for CPAs and tax lawyers, I believe that a broad overhaul of the tax system would be the only way to produce meaningful reform.
econlog.econlib.org /archives/2004/11/single_tax_rate.html   (448 words)

  
 The Tax Foundation - Single Business Tax Repeal Back Again in Michigan
Michigan Governor Jennifer Granholm announced last week she is ready to abolish the dreaded Single Business Tax (SBT), Michigan’s altered version of a value added tax.
The Tax Foundation ranks the SBT as the 2nd worst corporate tax system in the country, ahead of only New Jersey’s woeful corporate income tax system, in the 2006 State Business Tax Climate Index.
The Tax Policy Blog is the official weblog of the Tax Foundation, a non-partisan, non-profit research organization that has monitored tax policy at the federal, state and local levels since 1937.
www.taxfoundation.org /blog/show/1620.html   (352 words)

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