Thursday, October 27, 2016

Transaction Tax - USA Model

Found a handy archived link
https://web.archive.org/web/20140110060700/http://thetransactiontax.org/
- try - http://tinyurl.com/zplx8zy
where you can enter your income and expenses and get a taste of the benefits of a transaction tax as proposed in the USA in 2014.

Bear in mind my arguments - Just switching to the tax would be impossible - too much lobbying and scaremongering on the dollar side. But argue for a next to zero starting rate, get the data flow going to government departments ( and through them, to social support bodies, business groups, and even investment banks ) and then debate the rate needed to replace all other taxes, and you have a chance to make this change to a fairer system.

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