138. FACTA requires non U.S. banks to report holdings -- page 522
139. Countries less powerful than global patrimonial capitalism -- page 523
140. Impose 30% tariffs on countries that don't release bank data -- page 523
141. Income for the wealthy is hidden in trusts etc. -- page 525
142. Piketty wants to replace property tax with wealth tax -- page 529 Bad idea. Wealth in non-land forms is easy to hide, compared to land, which also cannot be moved offshore.
143. Calls for progressivity in taxation -- page 530
144. Land rent seen as stable, good, income in the 19th century
145. Property taxes suffer from bad assessments and lack of progressivity -- page 530. Actually progressivity is built-in since wealthy people tend to live on more valuable land. Assessments can be made more honest and better.
146. China has capital control and capital regulation -- page 536
147. Piketty claims public wealth is close to zero due to debt -- page 541. Apparently, he's never read a CAFR - click here
148. Inflation would take decades to work down debt -- pages 544-545
149. Taxes far better or reducing debt than inflation -- page 547. Sovereign, debt-free money is better still - http://www.opednews.com/articles/Debt-No-More-How-Obama-ca-by-Scott-Baker-Banks_Constitution-In-Crisis_Constitution-The_Constitutional-Amendments-131018-391.html
150. Milton Freidman's "Monetary History of the U.S." in 1963 led to the Chicago School rejection of big government and the conservative revolution of the 1980s -- page 549
151. Central banks do not create wealth, they redistribute it -- page 550
152. ECB, BOE, FRB has doubled to 20% of GDP -- page 552
153. Piketty suggests a corporate tax be deducted from shareholders based on global database of wealth -- page 560. This can be progressive too.
Next Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16
(Note: You can view every article as one long page if you sign up as an Advocate Member, or higher).
2
1
1
