Friday, March 11, 2011

Hong Kong’s land system that time forgot

Hong Kong’s land system that time forgot

HK has a system that is closest to LVT that some here proposes. David thinks it is a bad idea. Calling LVTer to defend the position (and Egg21 in the comment has risen to the challenge..) By David Pilling In Hong Kong, the tiny corner of China where it is still permitted to gather freely outside a McDonald’s, several thousand people took to the streets last weekend. They were protesting at the contents of the budget. But, unlike their counterparts in Greece and Ireland, they were not lamenting cuts to public services necessitated by big deficits. Rather, they were outraged by what their government was proposing to do with its large surplus: give each and every one of them HK$6,000, or about US$770.

Posted by easybetman @ 09:27 PM (1713 views)
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One thought on “Hong Kong’s land system that time forgot

  • mark wadsworth says:

    Funny you mention that one.

    I did a full response earlier today.

    His argument seems to be that Georgism doesn’t work because it works too well.

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