Re: Local Currency Article

[Mbindnerdc@aol.com]

Don't underestimate how a small tool will be abused in the name of avoiding 
taxes.

In a message dated 12/10/2002 9:38:46 AM Eastern Standard Time, "David 
Spitzley" <dspitzle@gw.wash.k12.mi.us> writes:

>I imagine so, but it strikes me as unlikely that they could achieve
>sufficient value to reach the transaction volumes that the Tobin Tax is
>intended to affect.
>
>
>David
>
>>>> Mbindnerdc@aol.com 12/10/02 09:27AM >>>
>Would non-national currencies and gold scrip be a way to evade the
>proposed Tobin Tax (since by nature they would not be included in the
>taxed financial system)?
>
>Mike Bindner
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