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"You might think that I am off base, but I am published by the Securities and Exchange Commission."

Thomas Paul Murphy

Monday, January 9, 2012

The 100 Percent Income Tax 01 09 2011

What would the country be like if at the end of the year after all the tax returns were filed and the treasury accounted for what it took in, the only real spending money you could have for the following year came from an equal distribution of the proceeds fromt the treasury the previous year.

Every new year would then have to have different printed money that was good for that year?

This would indeed be dual type accounting but instead of corporations using two sets of books to pay taxes, the two sets of books would be from one year to the next.

What would the end result of this be?  Those who were only in business for the money would be weeded out!  And those with good ideas that cared for people would rise to the top. What you would have would indeed be a true democracy of the people for the people.  The motivation would be entirely different however!!!!!  The motivation would transition to one of a healthier and happier country.

This would eliminate a lot of evil!!!

Thomas Paul Murphy
Copyright 2011 Thomas Paul Murphy

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