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MONETARY: unsubscribe me
The
Transaction Tax/User Fee broadens the tax base to the maximum allowing for a
minimum tax rate. It only taxes money that is created (fiat money) or money
that is moved. The effect will be that revenues will be come from the top
down. The rate is so low it would be insignificant to the average taxpayer.
The present tax code penalizes the workers and the small firms that are honest
and report profits. It will end debacles like Enron, WorldCom, Global crossing
and a host of other that use the movement of money to escape tax
obligations.
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