Saturday, January 09, 2010

A better economic system

I used to think that real estate taxes were the most unfair in the world. Eventually I realized that they are actually very fair. We individuals must pay the public an annual fee for the use of a piece of property. If there were no such taxes, rich people would end up owning all land and most of us would be serfs.

I just read a chapter in "The Tau of Abundance" about money and interest. It twisted my head. It is forcing me to try to see with fresh eyes from outside of a culture and financial system that all of us are immersed in.

It lead me to contemplate the concept that real tangible property rights shouldn't be treated any different from intellectual property rights. Ownership of money and goods should eventually time out and revert to the public.

Because it doesn't, in the US CEOs get 400 times the average workers pay. The richest 1% own 34.6% of all private wealth. The wealth gap keeps getting bigger because we allow people to keep assets forever. Then, like feudal lords, they charge us (their serfs) huge percentages of our income for the privilege of using that property.
(The average household pays about 18% of disposable income just to service debt.)

A MORE FAIR SYSTEM...
We could tax people based on assets that they own. For example...
If your net worth is 100% of the median net worth, you would pay 1% of your net worth as tax.
If your net worth is 200% of median, you pay 2% tax.
If your net worth is 5,000% of median, you pay 50% of it as tax.

The dynamics of this tax method are fascinating...
This lets you be substantially better off than average, but not by ridiculous factors.
It also decays wealth at a fair and reasonable rate, keeping an incentive to work hard while preventing undue concentrations of wealth.
It lets you pass a reasonable amount of wealth to your kids, but prevents situations like Paris Hilton.
To get large capital, a company would have to be owned by large numbers of stockholders, or be a co-op or non profit.
Later maybe we will explore how this would reduce debt and lead to lower total taxes.

Monday, January 04, 2010

Empowering dream

Running around naked
war decision
flying, playing with kids

We were working on a river; a common theme lately. So common that I can't sort out the river details of this dream from other river dreams.
The setting is a kind homestead/campus/resort. Lots of people there, very much a sense of family and small community.

The work evolved into a council. We were preparing for some kind of war. It was coming. It was inevitable. At some point in the meeting, we decided "Wait a minute! We are in charge here. We can just say NO to war." It felt good.

Next scene we were doing homestead and resort type things around the campus; playing and working. I was so used to being naked that I was running around doing my regular meetings and work and playing without even realizing that I was still naked. Pretty much nobody cared. It was freeing to be honestly me. Eventually an in-law was stressed out by my nakedness and I started to feel naked.

Next scene I was playing with kids. Trying to surprise or impress them by flying around; jumping to their treehouse or attic fort. This was a little different from my normal flying dreams. Instead of being infatuated with the fact that I can fly, it is just matter of fact. I have accepted it and I am not afraid to show it as I play with the kids. They weren't terribly impressed either. They just accepted it.

The common theme seems to be acceptance of who I am, and the powers that go with that.