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A transitional alternative is for national Treasuries to create x billion euro's worth of tax anticipation credits, and to issue them directly to public or private entities wishing to create productive assets.


The only question then is what should be the basis of the tax being anticipated. I favour a levy on land rental values, and another on carbon use.

And the politicians with the insight and political capital to carry this out exist in which fictional universe?

By laying out pros and cons we risk inducing people to join the debate, and losing control of a process that only we fully understand. - Alan Greenspan

by Carrie (migeru at eurotrib dot com) on Sun Jun 6th, 2010 at 06:11:22 PM EST
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