Property Rights in A Market Economy

[tower]

Some years ago I got a copy of the rules for hockey from the early years of the last century. One Page.

Now the book goes on and on, and you pretty much have to be a lawyer or multi year experienced in reffing to come to a course of action when you see an infraction on the ice. So take it easy on any young kid that is out there trying to help the game. The point is that society was like that too. An eye for an eye.....

It isn't average people who have no control or the ability to make good decisions. At least in my experience it is only the odd helmut head who is ticked off at the world, or drug addicted, whatever your drug, that looks for shortcuts or ways around the standards of society and it is for them that the regulations get bigger each year.

One of the drugs is definitely power and any of our governments and their ideals can be twisted by the money and power available at the heights.

Property rights will be subverted by corruption as much as any other right if it serves someones interest to do so. But rights that could resist government good intentions could also be a pain.

[pilpilsner]

Dont degrade drug addicts by comparing them to power hungry officials.

[parsley]

[parsley]

This time, I'll post as Grandmamma pars[/URL]

[checking]

It was your orb that tossed family farms as losing freehold mineral titles up in the air to the Sask. government over non-payment of mineral fees. I'd like to know what the fee amounted to, and how many farm families lost titles to this great socialist adventure? I know the government must have failed to send their bill to this family farm, so Tommy if you're listening I still have my mineral title. I owe you one, buddy! In the 1950's there were a number of, for lack of a better word, scam artists who traversed the province signing up as many freehold mineral owners as they could under various schemes. Some sent out an undivided 1/5 interest trust certificate to the original 100% owner, 60% went into the trust company from which the mineral participants would share a common percentage based on acres committed, and 20% was the fee for the scheme organizer. There were so many various differences up to and including a 100% forfeiture with the original owner being left with a small gross royalty override and no say in the development scheme. A blight is left on the greatest Canadian ever's record for not voiding this theft, thereby protecting the Saskatchewan family farms.

[checking]

Oh! Congratulations on being a grandmother.

[parsley]

Only governments can tax. And we were talking about taxation, rememeber?

The 1944 Mineral Taxation Act was passed by the Government of Sask. Land/property taxes are also examples of legislated extractions. Imperial Oil, for example, cannot pass legislation to tax you.

If you owned mineral rights, Tommy Douglas either got paid, or he took your mineral rights and put them into the Crown. My neighbors lost their mineral rights for non-payment.

I would suggest if you would like you would like to be better informed about taxation, the amounts collected, the Mineral Tax Act, and Tommy Douglas' vision, that you dedicate a little time to your self-education. Novel idea, I'm sure. I meant for you to click on checking's link, not snap your fingers. Pars

[wilagro]

Alberta had a similar law on mineral rights and it was finally withdrawn. My father darned near lost his mineral rights because of it before it was withdrawn. My younger brother who inherited the farm still has the rights to the natural gas but until they develop the gas field, he gets zip and after he is gone it will probably be developed...that's the way things work sometimes.

[parsley]

wilagto, how nice, we haven't spoken in awhile. Do you know how much the mineral taxes were in Alberta? I have all the old Sask taxes, with the amounts on them, but I've not had time to access them. Romance novels take time. LOL Pars

[pilpilsner]

While were at it lets ponder the implications of former and present conservative governments budjet short falls and what they will/have done to taxes.

Paint 'em all black and chuck a few feathers on them.