General News

My Presentation to the New York Trilevel Task Force on Jobs

By (about the author)     Permalink       (Page 4 of 4 pages)
Related Topic(s): ; ; ; ; , Add Tags Add to My Group(s)

Supported 2   Well Said 1   Interesting 1  
View Ratings | Rate It Headlined to H3 10/13/10

Become a Fan
  (61 fans) - Petition to set up a State Bank in NY and pay the debt from the state CAFR. - NY State 2009 CAFR - The Hidden Taxable Capacity of Land : Enough and to Spare Mason Gaffney July 3, 2008. Accepted for publication in the International J. of Social Economics, Summer 2008 - 238 Peer-reviewed studies by Professor Steven Cord



[3] S ee page 21 of the accompanying 2009 annual report of the BND for more details.

[4] BND restricts loans to businesses and individuals with net worth <$500,000


[6] C urrent pension fund contributions of $2.9 billion (pg. 43) and benefits paid of $7.4 billion

[7] Various flaws in the city's 6 property tax class system, and chronic underassessments, may mean this figure is really twice as high - $1 Trillion. If so, "a levy of less than 4.3% on the true market value of land (well below the capitalization rate) would raise enough revenue to replace all other municipal taxes in New York City"such a lifting of tax burdens would greatly increase the volume of economic activity in the city"" pg. 10, Lindy Davies, Henry George Institute: New York City Property Taxes: From the Ridiculous to the Sublime, 02/28/2010

Next Page  1  |  2  |  3  |  4


Take action -- click here to contact your local newspaper or congress people:
Support the Land Value Tax & State Banking

Click here to see the most recent messages sent to congressional reps and local newspapers

Scott Baker is a Managing Editor & The Economics Editor at Opednews, and a blogger for Huffington Post, Daily Kos, and Global Economic Intersection.

His anthology of updated Opednews articles was published by Tayen Lane Publishing (December, 2014) and may be found here:

Scott is President of Common Ground-NYC (, a Geoist/Georgist activist group. He has written (more...)

Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Add this Page to Fark! Submit to Reddit Submit to Stumble Upon

Go To Commenting

Other Series: View All 28 Articles in "Public Banking"

The views expressed in this article are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Follow Me on Twitter

Contact Author Contact Editor View Authors' Articles
Related Topic(s): ; ; ; ; , Add Tags

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

Obama Explains the FEMA Camps

Was Malaysian Flight MH370 Landed Safely in Afghanistan?

Let the Sun Shine on a State Bank in Florida

Batman, The Dark Knight Rises...and Occupy Wall Street Falls

The Least Productive People in the World

The continuing plight of Malaysian Flight MH370 - 2 month update


The time limit for entering new comments on this article has expired.

This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.

Comments: Expand   Shrink   Hide  
1 people are discussing this page, with 1 comments
To view all comments:
Expand Comments
(Or you can set your preferences to show all comments, always)

Op-Ed News rules, eh?:)your friend,Ned... by Ned Lud on Thursday, Oct 14, 2010 at 9:55:40 AM