​ GLOBAL NET WORTH TAX

​
GLOBAL NET WORTH TAX


This Vedic Engineering Module asserts a 

'Global Net Worth Tax'

that will tax everyone across the board

according to how well they are doing

using the metric of individual net worth.

​

This is an extremely broad-based tax

and

may actually replace all other forms of taxation

with some special exceptions

for taxation for behavior modification, tariffs, and other needed tools.



It is a very transparent taxation

and

being the only tax levied all across the globe,

it is very easy to understand

just how much tax you pay.

It is a fair way to bring the entire wealth of the world

to chip in

on needed governmental programs

to make life easier for everyone.

And as well,

In time,

the wealth distribution of the world

will ameliorate.

And even so, as to not adversely affect

the people who are struggling,

we can

exempt the first $10,000.00 of net worth across the board.

​


let me illustrate a point

​


Warren Buffet's net worth increased by 12 billion in 2011

and

he paid 7 million in taxes

which

represents less than 1%
 

​

meanwhile,

​
an average middle class earning 50k/year

may have had an increased net worth of 5k

for that same period

and yet

he/she paid 3k in taxes

which represents 60%

so

a net worth tax across the globe

will bring equality to the taxation burden

according to

how well we are all doing

​

so that...even if

a billionaire with a net worth of 50billion

and

let's say that

the across the board tax rate ends up being 5%

he/she would end up paying 2.5billion for that year,

​and yet

however,

because of all this billionaires holdings doing so well,

this billionaire's net worth ends up increasing 10billion ...

what does it do to him/her?

since

he/she enjoys net increase

and by comparison,

that middle class person

who earns 50k/yr

and

perhaps has a net worth of 30k...

let us say...

and

ends up paying $1000.00...

that is...

5% of his net worth of 30k

less the 10k across the board exemption
for a taxable net worth of 20k

and so

becoming 5% of 20k 

which is $1000.00

​​



the result being that

this middle class person would then have much more spending cash available

which in turn

would drive the economy

and which in turn

would benefit that billionaire's businesses

and thus

would cause the billionaire's net worth to increase!

​

the trickle up theory! had we simply been going in the wrong direction?

​

also...
it should be so that absolutely nobody is immune from this net worth tax...

not the Queen of England...not the Vatican...not all of those churches, synagogues, mosques..
.NOBODY...

and

did you know that

the Rothschild fortune will end up paying one half of the entire global tax burden?


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