American RadioWorks |
(Photos: Franklin D. Roosevelt Presidential Library)

The First Family of Radio

When Franklin D. Roosevelt was elected president in 1932, he and first lady Eleanor Roosevelt both used the new medium of radio to reach into American homes like never before. They rallied the nation to combat the Great Depression and fight fascism. The Roosevelts forged an uncommonly personal relationship with the people. This documentary explores how FDR and ER's use of radio revolutionized the way Americans relate to the White House and its occupants.

Recent Posts

  • 12.16.14

    Rising prices on the poorest

    In January 2014 nearly a hundred college presidents gathered at the White House for a summit on the rising cost of college. But data show that those same institutions have been raising their prices fastest for the poorest students than for wealthier ones. This week on the podcast, we talk to a reporter who has been following the rising college cost burden on poor families.
  • 12.08.14

    How Much Will College Cost My Family?

    In 2011 the federal government required colleges and universities to publish “net price calculators” on their web sites. These tools are supposed to help families figure out which colleges they can afford. The calculators take into account family income, number of kids in college, state of residency, and other factors. But they’re often hard to use and time-consuming. Our guest this week has made this process simpler and more accessible.
  • 12.01.14

    Bridging the “Middle Skills” Gap

    There’s a paradox in today’s job market: even though there are millions of people looking for work, employers say they can’t find enough qualified workers. That’s due to an abundance of what economists call “middle skills” jobs – jobs that require specialized training beyond high school, but not a four-year college degree.
  • 12.01.14

    Commentary: Turning the tables on the vocational ed debate

    I’m not arguing that all education should be about acquiring job skills ... I’m saying that good vocational high schools have figured out how to bring college prep into their curriculum. And it’s time that traditional academic high schools brought more vocational education into theirs.


in collaboration with Spotlight on Poverty and Opportunity

Tax privilege, not productive work

File under: tax policy, opportunity, privilege, taxes

0 (0 votes)

From: Chuck M., Chicago, IL

A pair of complementary fiscal reforms would vastly reduce unemployment and poverty.

(1) Stop taxing productive work. That means no payroll tax and no income tax on wages or capital goods.

(2) Tax privilege at a very high rate. A big part of privilege is the private ownership of land. So this means a tax based on land value. (This preserves private ownership, while eliminating speculation.) Other kinds of privilege include valuable mineral leases, underpriced grazing rights on federal lands, electromagnetic spectrum, and a number of others. It may be desirable to place part of the land value tax not on the owner of the land, but on the holder of the mortgage.

The net result of these two changes is that effective wages go up, but the cost of hiring labor becomes cheaper, so unemployment is vastly reduced. Resources withheld for speculative purposes become available to those who want to use them productively.

This is a simple concept but has many ramifications -- more than one would likely want to read here. Many useful papers have been written to describe and explain. One good one is Fred Foldvary's "The Ultimate Tax Reform: Public Revenue from Land Rent."


Comments:

American RadioWorks |
(Photos: Franklin D. Roosevelt Presidential Library)

The First Family of Radio

When Franklin D. Roosevelt was elected president in 1932, he and first lady Eleanor Roosevelt both used the new medium of radio to reach into American homes like never before. They rallied the nation to combat the Great Depression and fight fascism. The Roosevelts forged an uncommonly personal relationship with the people. This documentary explores how FDR and ER's use of radio revolutionized the way Americans relate to the White House and its occupants.

Recent Posts

  • 12.16.14

    Rising prices on the poorest

    In January 2014 nearly a hundred college presidents gathered at the White House for a summit on the rising cost of college. But data show that those same institutions have been raising their prices fastest for the poorest students than for wealthier ones. This week on the podcast, we talk to a reporter who has been following the rising college cost burden on poor families.
  • 12.08.14

    How Much Will College Cost My Family?

    In 2011 the federal government required colleges and universities to publish “net price calculators” on their web sites. These tools are supposed to help families figure out which colleges they can afford. The calculators take into account family income, number of kids in college, state of residency, and other factors. But they’re often hard to use and time-consuming. Our guest this week has made this process simpler and more accessible.
  • 12.01.14

    Bridging the “Middle Skills” Gap

    There’s a paradox in today’s job market: even though there are millions of people looking for work, employers say they can’t find enough qualified workers. That’s due to an abundance of what economists call “middle skills” jobs – jobs that require specialized training beyond high school, but not a four-year college degree.
  • 12.01.14

    Commentary: Turning the tables on the vocational ed debate

    I’m not arguing that all education should be about acquiring job skills ... I’m saying that good vocational high schools have figured out how to bring college prep into their curriculum. And it’s time that traditional academic high schools brought more vocational education into theirs.