Sunday, October 2, 2011

World Representation for Taxation on Speculation!

"No Taxation without Representation" was the slogan, that was leading to the US-American Indepence more than 200 years ago. Today Taxation is again an issue, globally. We Eduactors need money for education, globally. Therefore we need to tax not only labour, but also speculation (microtrading) and also worldwide operating partnerships. This is a global issue, because such taxes can only be established worldwide. The late-2000s financial crisis ("Credit Crunch"), which started in the US and is by no means solved yet, showed the weak pillars of the world finance system. Taxpayers had to spend Billions to stabilise the world speculation system. And afterward, what happend? A lot of conferences took place "Reforming the world finance system" was the rhetoric. But the politicians didn't dare to reform, they didn't dare to reform really. And now 3 years later? Almost nothing happend, but the world speculation system is now targeting a new victim: The Euro! Therefore some European Goverments proposed a bigger reform, that is including the Tobin Tax  (click for furhter explanation). This proposls are blogged from the US and from UK. But we educators need the money! And the world need a more stable systems. Therefore: World Representation for Taxation on Speculation!         

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