To: Ira Player who wrote (9955 ) 6/11/2001 6:53:15 PM From: Sun Tzu Read Replies (2) | Respond to I understand my proposal is rather radical and it is natural to be resisted. Needless to say also that if it were to be implemented, some changes to other areas of taxation and banking are needed. But to answer your question, I have no problems with all the money being kept in a tax free corporate account. There is only one use for the money and that is to spend it. What do you think will happen to the money that would be sitting in the corporate coffers? At worst , it'll sit in a bank and gets used by people who need the credit, thereby decreasing the interest rates and enhancing our financial stability. Doesn't sound so bad, does it? At best, the company will use it to invest in leading technologies or new enterprises, which will assure continued innovation and a robust economy (and more profits to be either distributed and taxed or be added to the banks').
