On Thursday 28 Aug 2003 8:24 pm, William wrote: > It is the reverse of a sales tax > except it is not charged against tax collections but > is charged against the National Credit Account. ------------------- Jessop here:- The National Credit Account could simply pay an amount over to Revenue to replace the loss in Sales Tax or VAT. This entirely avoids setting up a separate delivery system for the Just Price procedure. * * * * * * * * * * * * * * * * *
William also wrote:- > ***>There are other systems that could be used to > distribute the National Dividend.<*** > In broad concept there are not--meaning the discount > and dividend. -------------------------- Jessop here:- I have in mind the South African setup where the entire land is deliminated in Municipalities, urban and rural. Municipalities collect rates and service charges from all owner- or occupier-entities. I had in mind that the municipal account could also serve as a vehicle for delivery of a National Dividend simply as a credit entry on the account. The municipal system, though already in operation, is still under development. Is my suggestion feasible? * * * * * * * * ** * * * * * * * * ** William also wrote:- > Little of it > seems to "trickle" down to the people. Rolls and > skyscrapers, and mud streets in the hicks. I would > much rather see government required to justify > taxation to fund its projects. --------------------------- Jessop here:- I know, and I hate that. Corruption and grasping of politicians and officials is a curse. But I think that what I have outlined would circumvent that a little, at least no less than any other means of Social Credit delivery. * * * * * * ** * * ** * * * * * * Thanks, Bill, for your contribution. Jessop ----------------------------- On Thursday 28 Aug 2003 8:24 pm, William wrote: > ***>This could be done selectively as well, > penalising luxury goods and subsidising essential > basics.<*** > > You could but it would mire you in endless debate and > require complicated bureaucracy for enforcement. > Penalizing luxury goods and subsidizing essential > basics is not the purpose of the program which is to > close the gap between prices and purchasing power. > If you want to penalize and subsidize other programs > can do that. It is simpler to look at gross sales > figures at the point of retail. If the sales are X > and the discount is five percent, the retailer is > credited .05 X. It is the reverse of a sales tax > except it is not charged against tax collections but > is charged against the National Credit Account. > > The balance of that account is merely an estimation > of latent capacity starting from the assumption that > there IS latent capacity. There's no need for exact > numbers. The difference is that social credit > assumes abundance whereas orthodoxy assumes scarcity. > The flow of dividends would start small and increase > through time so unanticipated consequences can be > handled as they arise--which they always will. > > ***>There are other systems that could be used to > distribute the National Dividend.<*** > > In broad concept there are not--meaning the discount > and dividend. Well, you could directly fund > government projects. So then it becomes a debate on > how much to give to government and how much to > disburse as cash dividends to the people. The amount > given to government removes from government a layer > of answerability to the people. They can spend > without the people's approval. Okay, they can go > through the pretense of taking a vote for show. They > can bribe whomever they want to stay in power. They > and not the people say what's best for the people. > We see something like this in many of the oil and > mineral rich states, where revenue and royalties from > the wealth goes directly to government. That means > those in control of the government. > > -- > > --------- Original Message --------- > > DATE: Thu, 28 Aug 2003 13:52:21 > From: [EMAIL PROTECTED] > To: [EMAIL PROTECTED] > > Cc: > >On Wednesday 27 Aug 2003 8:50 pm, Bill wrote: > >> The National Credit Account carries a balance > >> available to fund dividends that is estimated to be > >> the totality of latent productive capacity. > > > >Bill, > >With all the national statistics produced monthly, quarterly, yearly, is > > there a short way by which this figure can be calculated? I would like to > > piggy-back on existing structures as far as possible. For instance, we > > have a VAT system which could surely be used to achieve (something of) > > the just price compensation, simply by reducing, zeroising, or > > �negativising� the rate. This could be done selectively as well, > > penalising luxury goods and subsidising essential basics. > > > >There are other systems that could be used to distribute the National > >Dividened. > > > >Jessop. > >------------------ > > ____________________________________________________________ > Get advanced SPAM filtering on Webmail or POP Mail ... Get Lycos Mail! > http://login.mail.lycos.com/r/referral?aid=27005 > > --^---------------------------------------------------------------- > This email was sent to: [EMAIL PROTECTED] > > EASY UNSUBSCRIBE click here: http://topica.com/u/?a84IaC.bcTQiE.c3V0dG9u > Or send an email to: [EMAIL PROTECTED] > > TOPICA - Start your own email discussion group. 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