Monday, March 25, 2013

3% Reduction in int'l Exchange Rate of USD Generates $3.93T, Eliminates All Taxes

The United States has 131 trillion dollars worth of financial assets. A 3% dollar exchange rate devaluation is therefore worth $3.93T. It's a perfectly legitimate way for the IRS to levy revenue for the government, that makes income taxes obsolete. People would keep on average 22% more income.

The purpose of the government's revenue should be to manage charity in order to promote an economy where people don't have to use money. This leaves the question: why would people choose to work if they don't have to? The incentive is: people who work get a much higher quality of life because they will be much more likely to actually have money.

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