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COG
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Homestead Discussion |
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[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index] Kurland v. Turnbull
To Mr. Turnbull and Mr. Kurland: I want to make sure I understand the essence of your disagreement, so I would appreciate it if you could comment on the following summary of my understanding. I apologize to both of you and everyone else if I'm the only one who doesn't grasp this. My impression is that your differences boil down to this: Mr. Turnbull feels property ownership should be time-limited like patents, but advocates only tax incentives--rather than coercion/confiscation--to broaden ownership of existing property and capital (as well as new capital created by future econ growth and money supply expansion). Mr. Kurland thinks ownership of existing property and capital should remain inviolable (except for incentives to encourage ESOPs and other Kelsonian alternatives e.g. CSOP, RECOP, etc??), and that COG efforts should focus exclusively on broadening ownership of capital created by future econ growth and money supply expansion. Most puzzling to me is Mr. Kurland's condemnation of Mr. Turnbull's advocacy of using the tax system to induce owners of global corporations to sunset their ownership rights. In addition to ESOP tax incentives (which I thought Mr. Kurland supported), Mr. Kurland also advocates elimination of the double tax on corporate profits, making dividends deductible at the corporate level and tax deferred, and inheritance law reforms. I see little difference in the ostensible level of "coercion" in either strategy. Both seem more feasible and "voluntary" to me than efforts to democratize the money supply (as desirable as that may be). If I've oversimplified or otherwise distorted your positions, please let me know. If not, it seems your similarities greatly exceed your differences. Mahalo and Aloha!
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