Category: Taxation

Month in Review: March, 2015

30 April, 2015 (10:00) | Blogs, Essential posts, Government, Greece, Grexit, Lucy Martin, Month in review, NGOs, Nonprofits, Overhead, Political theory, Real estate taxes, Taxation, Theory |

By: David A. Smith During March, in honored surprise at a decade’s worth of continuous blogging, I published the first 10/17ths of the longest post I’ve ever done, Ten Years a Blogger, As an encyclopedia should seldom be excerpted, I’ll simply list the titles here: Ten years a blogger: Part 1, What is a blog?, […]

Creditor of deadbeats = deadbeat debtor: Part 2, Your creditors can’t handle the truth

6 March, 2015 (10:02) | Economics, Eurozone, Finance, Global news, Government, Greece, Grexit, Recapitalization, Sovereign bankruptcy, Speculation, Taxation, Theory |

[Continued from yesterday’s Part 1.] By: David A. Smith Yesterday’s Part 1 reporting on the continuing psychodrama that is Greek insolvency established that Greece’s inability to pay its sovereign debt stems, at least in large part, from its inability to collect taxes Greek laws say its citizens owe. Nor does the Eurozone’s glib formulation – […]

Creditor of deadbeats = deadbeat debtor: Part 1, Bad debt and bad paper

5 March, 2015 (10:00) | Economics, Eurozone, Finance, Global news, Government, Greece, Grexit, Recapitalization, Sovereign bankruptcy, Speculation, Taxation, Theory |

By: David A. Smith No sooner had I written People value a government they pay taxes for than confirmation of the thesis was forthcoming, in the form of facts, new to me (which is definitely my oversight), that make Greece’s prospects in the Eurozone even worse than I had previously thought. We’re readying the tax-evasion […]

People value a government they pay taxes for: Part 2, The implications

4 March, 2015 (10:00) | Economics, Government, Housing, Lucy Martin, Political theory, Real estate taxes, Speculation, Sub-Saharan Africa, Taxation, Uganda |

[Continued from yesterday’s Part 1.] By: David A. Smith In yesterday’s Part 1, we explored a fascinating bit of doctoral research conducted by Lucy Martin designed to test whether people’s sense of unfairness, and willing to act on that unfairness, would change depending on whether the money in question had been received as a grant […]

People value a government they pay taxes for: Part 1, The experiment

3 March, 2015 (10:00) | Economics, Government, Housing, Lucy Martin, Political theory, Real estate taxes, Speculation, Sub-Saharan Africa, Taxation, Uganda |

By: David A. Smith Given that People value only what they pay for is indeed a universal rule, it will have subcases – and one such subcase, striking in its own right and with major implications for the way donors deals with country governments, was highlighted in a recent article in The Economist (February 7, […]