SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (6181)7/22/2001 8:30:19 PM
From: TobagoJack  Respond to of 74559
 
Hi Maurice, <<the thieving criminal governments are going to run out of money because they will run out of people to steal from. Sure, they'll have some taxing methods - they can just tax the house you live in and if you don't pay, kick you out>>

That's one way. Another is to simply get together and save their collective behind by using a unified value-added tax system (which I think is where we are all going, else I am not contributing to my share of the world's headache relief medication). Yet another is, upon the first fraudulent electronic money scam or accident, the governments will force obligatory "insurance" payments from electronic money traffickers, the cost of which will be uniformly passed to the end-user.

There are only two governments I am partial to in this world, as I had mentioned a long time ago on this thread, and they are the Philippines and possibly Italy - small, ineffective, without big computers, and few soldiers.

Come to think of it, Trinidad is very good in this regard as well, lacking even a tax system, and living off this black liquid coming out of the ground. Gods are kind.

Chugs, Jay