Saturday, 27 April 2019

Before/after

A factory fresh MR2 Roadster headlight v one that's about twenty years old and has covered 80,000 miles:

5 comments:

Me said...

KLN:

http://www.bondeconomics.com/2019/04/minsky-versus-steindl-debt-dynamics.html?showComment=1556460445763#c5460687150718404942

"Not a fan of land tax. Courtesy of adding an extension on my house, I will face a greater tax bill than my neighbour, who has a lot that is probably the same size as mine. Meanwhile, some dimwit ripped down the house a few doors over, and put up a monstrosity that has probably 40% more square footage than my house, but on a smaller lot. Taxing land alone would reverse the tax burden than what happens under property taxes (the monster house faces the largest property tax, but the smallest land tax). This would be so unfair that Canadian voters would obliterate anyone foolish enough to propose such a policy.

Since there are almost no transactions for land alone in developed areas, there is literally no way to get a legitimate value on land; any valuation is purely guesswork pulled out of some "expert's" nether regions."

Mark Wadsworth said...

M, that's two distinct KLNs.

The first is self-contradictory.

The second one is nonsense which we have done to death.

http://kaalvtn.blogspot.com/p/valuations-and-potential-lvt-receipts.html?m=1#2

Mark Wadsworth said...

See next post. I also 100% agree with your comments on fuel duty. It's almost a better tax than LVT.

ThomasBHall said...

Took my comments on-board about the light clusters I see! How do they look in the car?

Mark Wadsworth said...

TBH, I couldn't be bothered fannying about with refurbishing any more, so this was my treat from me to me to celebrate paying the lad's final term's school fees (rent).

Will be fitted Wednesday.