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Whenever, then, the usual and ordinary rate of the profits of agricultural stock, and all the outgoings belonging to the cultivation of land, are together equal to the value of the whole produce, there can be no rent.
-David Ricardo
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Whenever, Then, The Usual And Ordinary Rate

David Ricardo
Whenever, then, the usual and ordinary rate of the profits of agricultural stock, and all the outgoings belonging to the cultivation of land, are together equal to the value of the whole produce, there can be no rent.
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Land Agriculture Together

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Both ground- rents and the ordinary rent of land are a species of revenue which the owner, in many cases, enjoys without any care or attention of his own. the annual produce of the land and labour of the society, the real wealth and revenue of the great body of the people, might be the same after such a tax as before. ground-rents, and the ordinary rent of land are, therefore, perhaps the species of revenue which can best bear to have a peculiar tax imposed upon them.
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Our ideal society finds it essential to put a rent on land as a way of maximizing the total consumption available to the society. ...pure land rent is in the nature of a 'surplus' which can be taxed heavily without distorting production incentives or efficiency. a land value tax can be called 'the useful tax on measured land surplus'.
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Land taxes is the thing. they got so high that there is no chance to make anything. not only land but all property tax. you see in the old days, why the only thing they knew how to tax was land, or a house. well, that condition went along for quite awhile, so even today the whole country tries to run its revenue on taxes on land. they never ask if the land makes anything. "it's land ain't it? well tax it then."
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As you know, you go to war with the army you have, not the army you might want or wish to have at a later time. since the iraq conflict began, the army has been pressing ahead to produce the armor necessary at a rate that they believe - it's a greatly expanded rate from what existed previously, but a rate that they believe is the rate that is all that can be accomplished at this moment.
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My position is that the rate should align with the level of economic development. because it is always about a balance, a balance of interests, and it should reflect this balance. a balance between those who sell something across the border and those who benefit from a low rate, as well as a balance between the interests of those who buy, who need the rate to be higher. a balance between national producers, for example, agricultural producers who are interested in it.
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