{"id":12515,"date":"2015-11-15T20:09:58","date_gmt":"2015-11-16T01:09:58","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=12515"},"modified":"2015-11-15T20:09:58","modified_gmt":"2015-11-16T01:09:58","slug":"the-planned-obsolescence-of-the-public-interest-on-line-opinion","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2015\/11\/15\/the-planned-obsolescence-of-the-public-interest-on-line-opinion\/","title":{"rendered":"The planned obsolescence of the public interest | On Line Opinion"},"content":{"rendered":"<p>Great example of how land taxes can be used to fund new infrastructure, from Karl Fitzgerald, Projects Coordinator for Earthsharing Australia:<\/p>\n<blockquote><p>After decades of tax reviews, Treasury is finally modelling the effect of Land Taxes on the macroeconomy&#8230;..<\/p>\n<p>Former New York Mayor Bloomberg grasped the economic potentials by reaching out from his local government role to finance the extension of the state run No.7 train line to the Hudson Yards. The added amenity of the train extension was projected to deliver $30 billion in additional property taxes over the next 30 years. Infrastructure bonds were sold to the market with repayment via the increase in land values. This is world best practice at least cost&#8230;..\n<\/p><\/blockquote>\n<p>Read more at <a href=\"http:\/\/www.onlineopinion.com.au\/view.asp?article=17817&amp;page=0\">The planned obsolescence of the public interest &#8211; On Line Opinion &#8211; 12\/11\/2015<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Great example of how land taxes can be used to fund new infrastructure, from Karl Fitzgerald, Projects Coordinator for Earthsharing Australia: After decades of tax reviews, Treasury is finally modelling the effect of Land Taxes on the macroeconomy&#8230;.. Former New York Mayor Bloomberg grasped the economic potentials by reaching out from his local government role &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2015\/11\/15\/the-planned-obsolescence-of-the-public-interest-on-line-opinion\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;The planned obsolescence of the public interest | On Line Opinion&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[57],"tags":[],"class_list":["post-12515","post","type-post","status-publish","format-standard","hentry","category-stock-markets"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The planned obsolescence of the public interest | On Line Opinion - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The planned obsolescence of the public interest | On Line Opinion - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Great example of how land taxes can be used to fund new infrastructure, from Karl Fitzgerald, Projects Coordinator for Earthsharing Australia: After decades of tax reviews, Treasury is finally modelling the effect of Land Taxes on the macroeconomy&#8230;.. Former New York Mayor Bloomberg grasped the economic potentials by reaching out from his local government role &hellip; Continue reading &quot;The planned obsolescence of the public interest | On Line Opinion&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2015\/11\/15\/the-planned-obsolescence-of-the-public-interest-on-line-opinion\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:published_time\" content=\"2015-11-16T01:09:58+00:00\" \/>\n<meta name=\"author\" content=\"ColinTwiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ColinTwiggs\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2015\/11\/15\/the-planned-obsolescence-of-the-public-interest-on-line-opinion\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2015\/11\/15\/the-planned-obsolescence-of-the-public-interest-on-line-opinion\/\"},\"author\":{\"name\":\"ColinTwiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5\"},\"headline\":\"The planned obsolescence of the public interest | On Line Opinion\",\"datePublished\":\"2015-11-16T01:09:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2015\/11\/15\/the-planned-obsolescence-of-the-public-interest-on-line-opinion\/\"},\"wordCount\":138,\"commentCount\":1,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"articleSection\":[\"Stock Markets\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2015\/11\/15\/the-planned-obsolescence-of-the-public-interest-on-line-opinion\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2015\/11\/15\/the-planned-obsolescence-of-the-public-interest-on-line-opinion\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2015\/11\/15\/the-planned-obsolescence-of-the-public-interest-on-line-opinion\/\",\"name\":\"The planned obsolescence of the public interest | On Line Opinion - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"datePublished\":\"2015-11-16T01:09:58+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2015\/11\/15\/the-planned-obsolescence-of-the-public-interest-on-line-opinion\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2015\/11\/15\/the-planned-obsolescence-of-the-public-interest-on-line-opinion\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2015\/11\/15\/the-planned-obsolescence-of-the-public-interest-on-line-opinion\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The planned obsolescence of the public interest | On Line Opinion\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thepatientinvestor.com\/#website\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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Only last week, Urban Infrastructure Minister Paul Fletcher reiterated that the Commonwealth\u2026","rel":"","context":"In &quot;Stock Markets&quot;","block_context":{"text":"Stock Markets","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/stock-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13158,"url":"https:\/\/thepatientinvestor.com\/index.php\/2016\/04\/16\/land-tax-is-needed-but-wont-happen-macrobusiness\/","url_meta":{"origin":12515,"position":1},"title":"Land tax is needed but won\u2019t happen | Macrobusiness","author":"ColinTwiggs","date":"April 16, 2016","format":false,"excerpt":"By Leith van Onselen. Reproduced with kind permission from Macrobusiness. The Australian\u2019s Adam Creighton has written a ripper post explaining why, in the wake of tax avoidance scandals (e.g. multinational and the Panama Papers), a broad-based land tax is needed more than ever, but will never see the light of\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"Taxes","src":"https:\/\/i0.wp.com\/www.sonofabroker.com\/wp-content\/uploads\/2014\/06\/taxes-300x181.png?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1716,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/02\/five-challenges-facing-president-obama\/","url_meta":{"origin":12515,"position":2},"title":"Five Challenges facing President Obama","author":"ColinTwiggs","date":"November 2, 2011","format":false,"excerpt":"On his inauguration in 2009, Barack Obama inherited a massive headache from the GFC. With unemployment stubbornly above 9 percent, efforts to create new jobs have so far proved futile. Low interest rates from the Fed failed to stimulate new investment. Richard Koo coined the phrase balance-sheet recession to describe\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8028,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/07\/07\/its-time-to-levy-the-land-naked-capitalism\/","url_meta":{"origin":12515,"position":3},"title":"It\u2019s Time to Levy the Land | naked capitalism","author":"ColinTwiggs","date":"July 7, 2013","format":false,"excerpt":"There are growing calls for increased use of land value taxes to replace income taxes and corporations taxes as a major source of government revenue. Yves Smith points out: Income and sales taxes add to the price of doing business, and hence reduce their supply and competitiveness. Most economists \u2013\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6842,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/02\/something-has-to-be-done-about-income-taxes\/","url_meta":{"origin":12515,"position":4},"title":"Something has to be done about income taxes","author":"Colin Twiggs","date":"March 2, 2013","format":false,"excerpt":"Years ago I worked in structured finance for an investment bank, creating tax-efficient structures for large corporations. That left me with the lasting impression that income taxes are inefficient \u2014 both in terms of equity and collection \u2014 and should be levied at low flat rates if they cannot be\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12070,"url":"https:\/\/thepatientinvestor.com\/index.php\/2015\/07\/15\/could-a-new-property-tax-save-the-economy\/","url_meta":{"origin":12515,"position":5},"title":"Could a new property tax save the economy?","author":"ColinTwiggs","date":"July 15, 2015","format":false,"excerpt":"Interesting article by Robin Christie | 16 Jul 2015 Property levies could be the key to fixing state and territory budgets, and could raise as much as $7 billion a year, the Grattan Institute has claimed. Grattan\u2019s \u2018Property Taxes\u2019 report.....explores how imposing a broad-based property levy could help Australia\u2019s state\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/12515","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=12515"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/12515\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=12515"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=12515"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=12515"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}