dreamdancer

is it easier to tax the gold coin hidden under the bed or the land, cattle and chickens you own? Nope. The IRS can tax you on assumption of income if you can't produce other means of proof of income. I'm personally glad my money markets and my deposits do not shit all over the place. sounds like we've got all the tools at hand then to tax the super rich

is it easier to tax the gold coin hidden under the bed or the land, cattle and chickens you own? It's easiest to tax database entries. For instance, new entries over $10,000 automatically get reported to the federal government. so it should be easy to get at the billions of the super rich? (it's all on a databse somewhere) stay away from moving propellers - they bite blue skies from thai sky adventures good solid response-provoking keyboarding

But with the beginning of central civilizations, irreversable technological thought and processes took place. We can't go back there, so the old way of doing business is obsolete and impossible. right, we can only go forwards. but we have to understand why money was created to attempt to understand where it is evolving to next

is it easier to tax the gold coin hidden under the bed or the land, cattle and chickens you own? stay away from moving propellers - they bite blue skies from thai sky adventures good solid response-provoking keyboarding

when originally there was 100. what we have now is the start of a 'money wave'. 100 becomes 110. 110 becomes 130. 130 becomes 160. 160 becomes 200

yep

Right. Except what if you don't have what I want. I need a pair of quality shades/goggles for the upcoming season. I have a stack of books, an old computer monitor, a car, and a dog. Which one should I trade for a new set of gatorz? Imagine the chaos when people walk down the street dragging everything they own shouting "Someone trade me a gallon of gas"!! right, barter is fine in a simple economy with say, a couple of hundred different types of good. any more than this and the trading is so slow, the haggling so long that the market is too inefficient

But with the beginning of central civilizations, irreversable technological thought and processes took place. We can't go back there, so the old way of doing business is obsolete and impossible. right, we can only go forwards. but we have to understand why money was created to attempt to understand where it is evolving to next

move where - we're talking about 400 super rich here. they'll be easy to track down stay away from moving propellers - they bite blue skies from thai sky adventures good solid response-provoking keyboarding

my proposition is to tax the super rich

this is a very important point

http://www.commondreams.org/newswire/2010/03/15-8 stay away from moving propellers - they bite blue skies from thai sky adventures good solid response-provoking keyboarding

money is an instrument used in trade. It's percieved value is used for exchanging of a liquidated portion of your assets to gain another asset. It came in place when trading of geese for wagons or hay got too complicated. For money to work, people have to be on the same page to its percieved value. In early days, certain stones, metals and such was commonly used. That's because they believed in its value. Today, its govt currency. And in truth, there's no difference between currency and gold as they both are valued by its want; a problem that "gold bugs" can't seem to comprehend. Money is valued by its want. Now you tell me where you are going with this, or what you think money is. the very basic function of money though - is as a promise/iou

this is a closed economy - all 100 units of money have been loaned out. now the bank expects 110 units back. where does that extra 10 units of money come from? stay away from moving propellers - they bite blue skies from thai sky adventures good solid response-provoking keyboarding

assume we have an economy with 100 units total of money. this money gets exchanged from person to person and back round again - the same 100 units of money, a very primitive 'economy'. assume a bank at one point holds all the 100 units of money. when that money is exchanged it is exchanged only for the promise of more money back in return. at the end of the loan period 110 units of money is expected to be repaid to the bank. where does that extra 10 units come from? stay away from moving propellers - they bite blue skies from thai sky adventures good solid response-provoking keyboarding

they have the money they would be using to repay debts. this money will be used and taxed much faster than any of the super rich can spend it

hunters hunt for their meat. gatherers gather their food. warlords just take/tax

they have the money they would be using to repay debts. this money will be used and taxed much faster than any of the super rich can spend it

potlach... http://en.wikipedia.org/wiki/Potlach stay away from moving propellers - they bite blue skies from thai sky adventures good solid response-provoking keyboarding

but warlords do no work - they just take

remember this time was for hundreds of thousands of years - the much greater part of our civilised existance. barter trade grew between hunter gatherer groups that had a surplus of goods. seasonal proto 'markets' arose at special sites where more varieties of surplus goods were bartered. stay away from moving propellers - they bite blue skies from thai sky adventures good solid response-provoking keyboarding

like warlords? stay away from moving propellers - they bite blue skies from thai sky adventures good solid response-provoking keyboarding

money is an instrument used in trade. It's percieved value is used for exchanging of a liquidated portion of your assets to gain another asset. It came in place when trading of geese for wagons or hay got too complicated. For money to work, people have to be on the same page to its percieved value. In early days, certain stones, metals and such was commonly used. That's because they believed in its value. Today, its govt currency. And in truth, there's no difference between currency and gold as they both are valued by its want; a problem that "gold bugs" can't seem to comprehend. Money is valued by its want. Now you tell me where you are going with this, or what you think money is. before there was 'money' we lived for hundreds of thousands of years in hunter gatherer groups. in these groups 'fairness' is crucial. everyone needs to do their bit and get treated fairly in return - or the group will just fall apart. not only this - but because the group is so small - everyone is watching each others' backs, so it is easy to work out if you are being treated 'fairly' or not. WOW that is some bizarre idealized conjectural nonsence AS in places where warlords rule... those who rule by force and their favorites tend to get the best... and the leftovers go to the weak members of the group. this is in a time before warlords - there were natural leaders who would have been the best hunters and gatherers

money is an instrument used in trade. It's percieved value is used for exchanging of a liquidated portion of your assets to gain another asset. It came in place when trading of geese for wagons or hay got too complicated. For money to work, people have to be on the same page to its percieved value. In early days, certain stones, metals and such was commonly used. That's because they believed in its value. Today, its govt currency. And in truth, there's no difference between currency and gold as they both are valued by its want; a problem that "gold bugs" can't seem to comprehend. Money is valued by its want. Now you tell me where you are going with this, or what you think money is. before there was 'money' we lived for hundreds of thousands of years in hunter gatherer groups. in these groups 'fairness' is crucial. everyone needs to do their bit and get treated fairly in return - or the group will just fall apart. not only this - but because the group is so small - everyone is watching each others' backs, so it is easy to work out if you are being treated 'fairly' or not. stay away from moving propellers - they bite blue skies from thai sky adventures good solid response-provoking keyboarding

So your economic model is to create a ceiling of $100 million as the most a person can earn without giving up 100% of any excess to taxes? What is the incentive for anybody to put forth the effort to make any more than that? Are you aware of how much that would stifle the economy? Don't you see how that would actually shrink the tax base? I'm curious, have you studied economics? That is not a putdown; I'd really like to know, because although your ideas are elegant in their simplicity, they don't hold any water either in modeling or in reality. yes i have studied economics - extensively for many years