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View Diary: UPDATE: Wealth Tax -- Solve the Piketty Dilemma With Amendment XXVIII Intangible Property Tax (110 comments)

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  •  "Tax at source" is the key. (0+ / 0-)

    A listed "named owner" has every motive including legal compulsion to identify the beneficial owners.

    If the "named owner" fails to do that, tax pops to 2% with that heart felt "Thank you !"

    And no, the American system has never implemented tax-at-source for these instruments. We're kind of backward.

    financial database are quite thorough. And now standardized.

    "Stealing kids' lunch money makes them strong and independent." -- Ryan Paul von Koch

    by waterstreet2013 on Mon Apr 21, 2014 at 06:23:34 AM PDT

    [ Parent ]

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