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Dear Monetary Reform members,
I omitted to add
5 Would not there tend to be
financial hoarding with the transactions tax? As Dan Parker says, might
not a demurrage charge be necessary? And why (Dan Parker again)
treat all transactions equally?
Rodney Shakespeare.
----- Original Message -----
Sent: Sunday, October 13, 2002 2:18
AM
Subject: Re: MONETARY: Discussing the
unjust monopoly
The first thing to point out is that the present monetary
system has led to the domination of the government by private for profit
interests. It started in 1913 and 1914 with the passage of the Federal Reserve
Act and the 16th
Amendment to the Constitution. The control of the money
supply must be returned to the Congress who delegated away their
constitutional responsibilities. To achieve this the IRS Tax Code (26 USC)
should be replaced by a fair and equitable tax that will derive revenues from
the top down instead of burdening the middle class taxpayers. There is such a
proposal that taxes the creation and the movement of money. It is found on the
URL A TAX FOR THE TWENTY FIRST
CENTURY
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