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Oct 2 09 6:53 PM
Oct 2 09 7:56 PM
Oct 12 09 9:29 AM
It suggests that a very small tax should be applied to the annual $800
Trillion Dollars worth of currently un-taxed foreign currency
transactions, and using this new tax revenue for good purposes, and as
partial repayment for the global financial system rescue.
This is essentially what the APT Tax is all about.
It is interesting when people/groups arrive independently at the same
Thank You ProsperityAgenda.US for publishing an abstract of the op-ed
piece at your web site, under the Taxes Subject.
If you are interested in promoting the APT Tax proposal at another forum, I have started a discussion at:
Oct 12 09 4:13 PM
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Feb 25 10 7:08 PM
Could write volumes regarding your "interpretation" of the Constitution but lack the time currently. Simple suggestion that may help you realize something is lacking in your treatise; read Adam Smith again. He suggests: "It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but in something more than in that proportion." That my friend, and you don't have to be a linguist to understand it, is the basic definition of a progressive tax system.Try re-reading the Constitution again as well but take your blinders off first.
Feb 26 10 1:53 AM
Feb 26 10 9:27 PM
APT is naturally progressive in that those in the top quintile tend to spend over double their income every year, which for the bottom 80% is not really possible, since they tend to spend all they make, while those at the top usually have more to "play" with, to invest, etc. Where did you think I misread Smith? And why do you think that a strict adherence to Smith is called for? Most of the so-called capitalists are really like unto religious zealots who only pick and choose the bits of Smith that are convenient, while ignoring the parts like what you alluded.
But I don't even remember bringing up Smith at all. . .
Feb 27 10 9:24 AM
Feb 28 10 5:17 PM
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