PR Newswire
ZAGREB, Croatia, Sept. 17, 2018
ZAGREB, Croatia, Sept. 17, 2018 /PRNewswire-iReach/ -- The signature campaign is in place to launch the first [Georgist] political party from The New Physiocratic League, which will create a model for more political parties to come.
The New Physiocratic League (https://newphysiocrats.org), a political-economic project with a mission to create a world where we regain and amplify our earned income and democratize our physical space, launches a campaign for the first Georgist political party in decades and pave the way for more Georgist political parties to be established.
The policies of the New Physiocrats are expected to achieve more money in your pocket, soaring purchasing power, and a return to spaces of great architecture & beauty. To do so, The New Physiocrats are starting to collect signatures in Croatia (Zagreb and Vukovar) for one of the first Georgist political parties in decades, which will be the first of many worldwide (https://www.facebook.com/groups/NoviHrvatskiFiziokrati/). They are currently open to receiving pitches from locals to tailor the platform to their needs, and to receiving volunteers around the world to register local branches of the party.
Taxation of land is the most efficient and least distorting way for governments to raise money. A pure land value tax, without regard to how land is used or what is built on it, is the best sort. Further incentives can then be used to promote the growth of affordable housing, and quality structures that utilize local architecture. Since the amount of land is fixed, taxing it cannot distort supply in the way that taxing income or saving might discourage effort or thrift. This has been endorsed by economists from across the political spectrum, from Milton Friedman to Joseph Stiglitz, and The Economist. It would pave the way not only for an elimination of income taxes but negative income taxes where workers receive supplements to their income. Meanwhile, it would allow governments to run a fiscal surplus, as land cannot flee a country, while labor and capital can. It is also the only tax that stimulates rather than suppresses economic activity, and can replace a host of other taxes.
One of the representatives of the New Physiocratic League says, "Many countries have been stimulating their economies through monetary stimulus such as low rates offered by the central bank. We have seen much of this credit go toward real estate prices (decreasing affordability) rather than investment, in part due to a tax system which incentivizes such behavior. We would like to draw attention to potential alternatives, which other parties do not offer. We will take back our earnings, our time, and space," the representative added. The New Physiocratic platform provides innovative new mechanisms to facilitate productive investment in capital and wages instead of land speculation and debt-fueled consumption.
About the New Physiocratic league
The New Physiocrats are a political-economic framework and certification body, which expands on the values of Georgism and the original Physiocracy movement. After a century-long hiatus on Georgism and Physiocracy advancement, they have finally updated it for the 21st century and the unique problems we now face. They transcend left- and right-wing politics, nor are they any compromise between the two, standing for natural fairness and justice, as opposed to artificially engineered outcomes that are imposed on us. The organization supports every individual doing what they enjoy, and what they do best, respecting individuality, not equity of outcomes. This is ensured in a way that individuals are fully compensated for their efforts, and have the financial rewards of doing so amplified. They also believe in maintaining & promoting the cultures, traditions, and architecture of each region, so that the world has variety for us to enjoy without harming the cultures of others.
The New Physiocrats advocate for a fair system. A shift in the tax burden towards products of nature and society, and away from the efforts of your labor. The organization is open to receiving pitches from interested individuals and groups, to start political parties in their home country, and offers policy advice and marketing support in return.
https://newphysiocrats.org
To view this video on YouTube, please visit: https://www.youtube.com/watch?v=j00ui5ue34E
Media Contact: Gary Harrison, The New Physiocrats, +359 877 544 855, [email protected]
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SOURCE The New Physiocratic League