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Let's change the taxation system. As many of you know during the Industrial Revolution finances backed industry and manufacturing. You also probably know that finances now back finances. Our taxation system is still taxing 'industry' ... either individual work or businesses.
Since taxing in Democracies are used for those things that are used by the general population, we now must begin to change the taxation system that permits States and Governments to tax financial transactions.
As Peter DeFazio mentioned in his Town Hall meetings, placing 1/10th of 1% taxation on Securities Transactions can pay for health care (and other State needs).
Let's look at this new form of taxation
posted 3 years, 7 months ago
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