Bill Still Report #39

Spot on Bill.  He states his 8 major planks.  His plank as stated here is the one that will get us to the new financial paradigm.  Nobody else is saying this about  the most important thing in our future.  The most important thing is not what all the other candidates have in their planks.  Well, money is the most important thing and they all talk about it.  Nobody has a real plan to attack the core of the problem.  Maybe Ron Paul with his "End the Fed" idea but then he goes off the deep end with his ideas that are totally off the wall.  Maybe I should say it a different way.  That is the idea at the top of his tree on a climb to the moon.

I sent a donation to Bill just to applaud his ideas.  They should be heard.  They are the only real ideas to address the real problem.  Unfortunately he will not be elected even if he is the best candidate.  That is the core problem with politics analogous to the core problem of money.  Neither will be resolved without a paradigm shift.  Read that as Total Information System Redesign.  Read it as writing on the wall.

Bill suggests a consumption tax of 18.8% which, along with other revenue would completely pay for our Federal tax revenue requirements.  Looks like a flat tax, could be the bottom line of a progressive tax.  A total bottom line revenue of 18.8% of consumption could be realized in many different ways.  Many people have expressed a bottom line percentage of tax revenue as a level that should be adequate to fund the federal government.  Good idea.  Sounds like a basis for a budget!

These are all "more or less" numbers.  The basic numbers are big, the exception numbers are small details as far as this discussion that deals with the generalities of the idea.

The 2012 federal budget is simply stated here:  


Total Revenue:             $2.469 Trillion
Total Expenditures:      $3.796 Trillion
Total Deficit                 $1.327 Trillion

		If annual Gross National Consumption is $15 trillion and it equals what we produce as Gross National Product then 18.8% of $15 trillion is: $2.82 trilllion.  That is what the government would get on a consumption tax.  Bill Still would replace the income tax with a consumption tax. As previously described in my blog entries: If all debt money was converted to real money where every dollar was denominated and serialized as a digital monetary unit on a central server where the associated financial entity changed as transactions were made then there would be total information control of all consumption.  Total information control of all income. Then a consumption tax would be simple to apply.  Application refinements would be equally simple. Simple.  That is Bill Still's plan.  Made even more simple by my plan.