Showing posts with label sales tax. Show all posts
Showing posts with label sales tax. Show all posts

Saturday, December 17, 2016

Political Funding

We can design a political system in which elections are not funded by wealth. But why should we?
 We must assure there is full and transparent detailed transaction trail of all campaign donations.

Suppose there was a new kind of political system that was based of a new voting model. It would be a democracy founded by common consent. Suppose we created a way of voting where a person could vote NO today, learn more information, change their vote to YES. If 70% of the voting voters say YES the measure passes until such time as the YES vote falls to 30%. The 70/30% rule could be set at 60/40 for matters of lesser importance. Apply it to each item and consider geographic proximity to impact. Read “Newland 2084” for more details.

It would simply be too expensive to reach voters who vote one way today and another way next week. Because of the premium value placed upon human time, big vendors would pay people per hour to watch and interact with their marketing software.

As presented this alternative to current Democratic Republics becomes voting by the ever evolving Will of Humans who vote. And then they change their mind. The tally changes and life goes on.

SAMPLE BALLOT

Should government be denied the right to all manner of direct taxation of the people, including humans and their incorporations and SHALL instead be by sales tax of 10% upon the financial amount of every transaction without deduction or exemption, and an additional 1% sales tax will be paid to pay off the national debt.

YES or NO

Friday, December 9, 2016

Is USA an Economic Utopia?


This answer is based upon the Quora question Is the United States an example of an Economic Utopia?

A “Utopia” cannot exist in real space and time because the meaning of the word is “no place”. A utopia is a vision. It lives inside the human brain. The vision of a utopia can be spoken, written down, or presented in some producer work. Another human can hear, read, or consume the utopian vision. Utopia requires easily understood rules. It requires communication from one human brain to another.

OPINION

At the level of our Constitution, we are not a utopia now because of direct taxation of the people. We need an Amendment to our Constitution to abolish Income Tax and replace it with a 10% Sales Tax. It must be a universal gross sales cost that is applied to every currency transactions and has no exemptions. No VAT tax. Rich or poor person. Beggar or investor. Government itself. Church donations. Mortgage. Food. Utilities. Stock market trader. Private jet buyer and flyer. Food, Clothing. If money changes hands taxes are owed. Swapping mass or energy based products is taxable. Other swapped transactions owe taxes on gross sales. If unpaid human time is swapped, no transaction cost are implied. Sales Tax is not collected on time swap transactions. When human time is converted to money taxes on income from human time investments is not taxed.

The gross sale includes an automatic 10% U.S. Sales Tax. Pay off the national debt and then lower the tax rate and see what happens.

If you come up short and can’t pay your basic living, housing, utilities, transportation, education, and medical bills, the Federal Reserve Bank FRB will let you close all credit cards forever and then they will then lend you the money you need at 0% interest to make your other bills. You will pay the 0% interest loan money back over a lifetime of work.

The above described USA would be an Economic Utopia.