Would Rube Goldberg have been able to design a less straightforward system of funding government than the U S Federal income tax? In this presentation, HGS instructor Bob Jene looks at what it costs to collect this revenue. The direct cost to the government of operating the Internal Revenue Service is only a small part, as the burden put on the taxpayer, and the diversion of effort from productive uses, should also be considered.
Do we need to suffer like this (and/or pay someone else) in order to fund government? In this presentation, HGS instructor Bob Jene looks at what it costs to collect income taxes. The direct cost to the government of operating the Internal Revenue Service is only a small part, as the burden put on the taxpayer, and the diversion of effort from productive uses, should also be considered.
“The purpose of Newspeak was not only to provide a medium of expression for the world-view and mental habits proper to the devotees of IngSoc, but to make all other modes of thought impossible. It was intended that when Newspeak had been adopted once and for all and Oldspeak forgotten, a heretical thought – that is, a thought diverging from the principles of IngSoc – should be literally unthinkable, at least so far as thought is dependent on words.“
— George Orwell
Something like this has happened to the field of economics, says Dan Sullivan. Terms which had clear meanings to Adam Smith, J S Mill, and other classical economists have got distorted and redefined– or obliterated– to prevent serious discussion of economic issues. Going back to the roots of political economy, Dan suggests the real point of a proper science of economics would be to efficiently satisfy the desires of the people, both individually and collectively.
Dan will help us distinguish between “rights” and “privileges,” “investments” and “acquisitions”, and several distinct concepts that all get called “wealth.” He’ll address the difference between “means of production” and “capital,” and differentiate “human capital” from modern slavery.
You can understand today’s economic issues such as minimum wages, tax policy, international trade, housing costs, and unemployment, but only if you have a clear idea of the fundamental terms. These terms can be readily comprehended by ordinary people and do not lead to any particular “left” or “right” public policy, but they facilitate informed communication.
There will of course be time for questions and discussion.
Based in Pittsburgh, Dan Sullivan is a popular speaker on economic issues, and Director of Saving Communities
ProPublica Illinois investigative reporter Jason Grotto (formerly with the Chicago Tribune) has produced several major research stories about problems with real estate assessments in Cook County, as well as with the Assessor’s office itself. He’ll join us to talk about how and why he undertook this work, what’s wrong with the Assessor’s office and how it could be repaired, how the property tax would function if it were competently administered, and, if we’re lucky, how the tax could be restructured to improve fairness and better fund public services while promoting economic opportunity.
Join us to learn about some of the practical difficulties in bringing competence and efficiency to the administration of what could be a very fair tax.
PREREGISTRATION MANDATORY: Due to building policies you must pre-register by email or or by phoning us at 312 450-2906
Right on the streets of every American community, robbery takes place every working day. You might not realize how much value the people of Chicago (and every other community) already create, simply by going about our daily activities. You’ll learn how we could comfortably produce much more, if only a smart tax policy were put in place.
Originally conceived as a field trip for Progress and Poverty students, this stroll — about 2 km and 90 minutes — presents some answers for those interested in finding out. Additionally, we’ll take a look at recovered loot of a long-ago theft, learn how Thomas Jefferson proposed to finance Chicago’s public schools, see some infrastructure that you probably didn’t know about, visit a shopping mall that you paid for but don’t own, and glimpse a billionaire’s downtown garden.
Detailed sourced notes will be provided. This is now a free tour, no donation required, although we do appreciate (tax-deductible) contributions from those who can afford it and find the event worthwhile.
Please sign up using the Eventbrite link.
Please register for this Zoom Webinar by clicking the green registration button.
David Wilson, author of the forthcoming book Towns Along the Q, will discuss the consequences of certain disastrous and discriminatory housing policies that he has become familiar with in the course of researching the topic, development of Chicago’s western suburbs along the Chicago Burlington & Quincy Railway.
Introducing Progress & Poverty
In less than two hours, you’ll gain new insight into the causes of low wages, worsening inequality, and economic stagnation, and examine a proposal that could create genuine opportunity for everyone willing to work.
After an overview of Henry George’s early life and work, you’ll consider why most current policies and proposals not only fail to solve problems of poverty and inequality, but often worsen them. You’ll then consider Henry George’s straightforward method for raising wages while lowering the actual cost of living, focusing on how it can apply today, even solving some 21st-century problems.
While Introducing Progress & Poverty is complete in itself, it’s also the first session of our Progress & Poverty course, which starts September 6 at our loop location, 333 S. Wabash.