BRILLIANT ARTICLE IN THE IRISH TIMES! How Japan introduced LVT and won!
Want to fix the housing crisis? Tax land. Ireland needs to follow radical
example of Japan’s 19th-century ‘Meiji Restoration’
In 1860 Japan was isolated, feudal
and weak. It was an obvious next commercial target for avaricious westerners.
If India and China could be enfeebled by imperialists, what chance had remote
Japan?
But Japan didn’t go the way of China.
By 1900 Japan had become the most advanced independent nation in Asia. By 1905
it was trouncing the Russians on the battlefield. How?
ABOLISH DEATH DUTIES and replace (some of?) them
with LVT revised
What a wicked idea! Abolish
Death Duties, officially called InHeritance Tax—IHT. By definition, dead people
have no more use for their wealth. If you are lucky enough to inherit wealth,
you got to admit that you’ve done nothing to earn it.