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Links 1 through 10 of 211 by Michel Bauwens tagged P2P-Taxation

I was asked today what the Modern Monetary Theory (MMT) position was on the new report about to be published by the – which reports trillions of dollars (and other currencies) being secreted in tax havens by the wealthiest citizens and the role that the top 10 banks have played in arranging these fund transfers. Progressives are clearly up in arms about the research findings and for good reason, especially if one holds equity to be a valid policy and national goal (as I do). But the way MMT analyses these trends is somewhat different. Once we get a good understanding of what the off-shoring of wealth and tax evasion actually means for domestic economies, it is clear that the progressive attacks often miss the point.

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" would have thought that Norway's tax system would discourage this kind of thinking, but it doesn't seem to have been a factor. When I asked her why she bothered growing, she said simply, "I'm an entrepreneur. It's in my backbone."

This was the attitude of even those entrepreneurs who strenuously objected to the Norwegian tax regimen, "

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"This report was prepared for the Global Initiative for Fiscal Transparency (GIFT with generous support from the Omidyar Network. "

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"Group for catalogs dealing with financial data "

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"report, Technology for Transparent and Accountable Public Finance. Preliminary findings were presented at last month’s GIFT meeting in Brasilia. Since then, we’ve been building on the comments, follow-up questions and feedback from the session.

Looking at government revenue, expenditure and off-budget information – we have attempted to identify projects from both governments and civil society which use innovative approaches to:

Publish more or better data related to fiscal processes ("

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"Georgists want to ensure we all have an equal right to the fruits of the earth. They seek economic justice. Since we can’t all occupy the one spot, land value taxation is the means by which those with exclusive use of the best sites or resources compensate the rest of us (who are excluded). The method of doing that is to tax land. They want to untax labour and enterprise and tax the monopoly use of land. This reduces paperwork and stimulates productivity. Business will boom. A land tax would prevent housing bubbles, arrest suburban sprawl, stop the transfer of wealth from the landless to the landowners, increase everyone’s purchasing power as incomes rise relative to prices, share the bounties of the earth and our accumulated wealth more equitably."

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"A group of United Nations independent experts today called on the European Union (EU) to take the lead in promoting the adoption of a global financial transaction tax that would offset the costs of the current economic crisis and protect basic human rights. "

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"Fiscal sponsorship refers to the practice of non-profit organizations offering their legal and tax-exempt status to groups engaged in activities related to the organization's missions. It typically involves a fee-based contractual arrangement between a project and an established non-profit"

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"This memorandum provides a broad overview of the ramifications of the existing U.S. income taxation regime on cryptocurrencies. This issue is one which, absent a clear explanation, may bring pause or uncertainty to new and existing users of cryptocurrencies. Being that individuals are now being paid in Bitcoins, this topic seems especially relevant."

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