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Gold/Mining/Energy : Gold and Silver Mining Stocks

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To: I_C_Deadpeople who wrote (3930)10/20/2004 4:32:16 AM
From: Michael Bidder  Read Replies (1) of 4051
 
THE GAME China :

Villagers were rounded up at gunpoint and demanded they pay their taxes:

Tax on pig, tax on plow, tax on tractor, duck pond, shed, etc.. It's hard for a family man making $60US a year to pay $2us per year on a pig or $6/year for duck pond etc. They left the land in the late 90's by the hundreds of millions. I saw the cities awash in 96 with them sleeping in the streets. Now when the police go to the villages to collect taxes all they find are toothless old ladies and small children.

There is a Chinese vision; a young man sleeping under the bridge with a sign: tax me now!

SIDE NOTE: If you ride the trains in china or visit the country side around major cities you will see productive farming. It is because they can sell immediately and directly to the cities and villages on train route and the income is relatively high. Inland farming has stopped. In fact farmers near the cities have blocked the roads so inland farmers couldn’t get produce to the cities.

**In China today a whole level of government (village level) is without a tax base. They relied on the farms for the taxes.

**In China there is a famous banned book "Blood of the Farmers" it details how the early boom of China was off the backs of the Rural farmers. This book banned can be purchase almost everywhere. LOL
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