I am thinking of ways government tax
modifications support the economy as
well
as the currency
basically treat "witholding" as a set aside
account that the person may direct as a
portfolio
the idea here is that all government
revenues previously collected were either
treated as cash
or used on government
paper; the people directing their own
portfolio would actually provide
economic
stimulus to ndustry; basically govt just
sits
on revenue; but if the revenue
accumulates at a side account the
portfolio stimulates non government job
creation which grows the actual
productive
economy
fatuously noting that a quarter of wages
or more was witheld during thing 20th
century this represents trillions of dollars
of
economic stimulus from merely allowing
people to direct their taxes until the
government actually processes the funds
if the person makes crummy nvestments
they are still required to make up the tax,
but as pretty much anything outperforms
govt paper (even the paper of other
governments or usa municipal paper)
equivalence or better looks likely
its kind of like daylight savings time; It
appears the difference between portfolio
or cash taxation is deficit financing on
the
govt paper rate (3 trillion at 4 pt avoided
govt paper) vs financing the 4 pt but
letting people make greater than
government return portfolios from the 3
trillion
the point being to lift the value of the
currency while actualy stimulating private
sector growth
brief rant:
I think the currency fluctuation is a result
of the iraq war raising oil prices with
analysts looking to that effect on the
actual future value of the economy; also I
think the phrase "faith n credit" which
might be described as "goodwill" towards
us currency rested with the notion that
the
us would steer a responsible enough
course to be worth nvesting at; govt
paper
was thought the non speculative part of
a
portfolio; a 30 pt fluctuation effectively
removes all the value that idea had; govt
paper is visibly high risk on a
multidecade
term; perhaps money is only worth
goodwill valuation - the governments
cumulative performance
It is possible the creation of regional
government paper derivatives like
california municipal paper plus london
municipal paper is a much more
predictable porfolio base
plus the idea is friendly; actual
economists
could figure it out; actual citizens earn
more on their recently devalued wages
while stimulating private sector job
growth