There are only 2 sources of State Revenues – “a” known, & “b” unknown.
a. Income Revenues – taxes on Income, Profit, Sales/VAT & Payroll/NIC,
Income Revenues unaffordable/anti-prosperity, cause inflation, unemployment, poverty & anarchy.
b. Collateral Revenue – 5% CDF – Collateral Defence Fee on State/Rich $8M+ £5M+Millionaires.
Collateral Revenue affordable by State & Rich (remain 95% as rich) gives prolific prosperity to all.
Currently in UK/US/EU multi-billionaires with no profit, legally pay no tax.
Currently low income employed/self employed pay more taxes – than multi-billionaires.
Current UK/US/EU austerity policies are disastrous, deficits/debts worsening daily.
Nobel Economists haven’t a clue of cause - regressive income tax or cure - Collateral Revenue
Simple Collateral Revenue supplants regressive income tax, with 20 times greater revenue
Is there evidence that Collateral Revenue works anywhere in the world?
Yes! Abu Dhabi, Brunei, Kuwait, Monaco & Qatar, unknowinglyuse “no tax” feature of CR.
All the above countries flourish with abundant prosperity. All citizens are well off.
The richest collateralist (a benevolent ruler) pays all state expence:-
defence, policing, education, medicare & welfare state benefits.
# Collateral Revenue supplants / excels Income (Tax) Revenues 20 fold.
Collateral Revenue wisdom is fenced off from Obama, Cameron & Osborne who need it.
Anti-prosperity income taxes caused the Great Depression and continued to do so daily.
5% CDF is paid by state & rich with collateral $8M+ (£5M+) – poor & middle classes pay nothing.
CDF is not a tax. It is repaid with 20% interest from surplus CDF in subsequent prosperous years.
How can Collateral create money without selling collateral? By Mortgaging Finance!
- Consider two plumbers – Camerobama & Qatar each with less than $90 in the bank.
- Each inherited a home of collateral value $200,000 in need of $30,000 urgent repairs.
- Both plumbers need a new van - cost $35,000 - they don’t have money for either expense.
- Camerobama has never heard of collateral or mortgaging, goes from rack to ruin and bust.
- Qatar obtains a mortgage of $80,000, buys a new van and renovates his home.
- Qatar has a new van, a renovated home of increased value $300,000 and $15,000 in bank.
- Qatar advertises, gets high paid contracts & prospers – without selling any collateral.
Cameron doesn’t know that UK state owned Collateral = £15Tn, to end national debts & austerity.
Obama doesn’t know that US state owned Collateral = $100Tn, to end national debts & austerity.
Income tax robs earnings, profits, sales & employment of poor - Billionaires pay nothing.
Colllateral is known & extensively used as security for Bank Loans & Mortgages.
GDP – Gross Domestic Product = Turnover - mistakenly used to measure economic growth.
Accurate measure for economic growth is GNC – Gross National Collateral. High GNC is good.
Legal Rationale for CDF – Collateral Defense Fee – is based on equity.
Collateral Revenue – who pays for what, and justification.
TD = Triple Defense = External, Internal & Preventative Defence (prevents deprivation anarchy).
TD = Armed Forces, Police/Courts/Prisons & NHS/Welfare/Social Services – prevents anarchy.
If one ruler owns 100% of a state’s collateral, he pays 100% of Triple Defense.
Proportionately, if one’s collateral is 1% of total state collateral, they pay 1% of TD.
Collateral of 99% in UK, US & EU is less than £5M (or $8M), pay nothing – CDF not viable.
State owned real estate/collateral pay 5% CDF for UK £15Tn, and for US $100Tn.
In reality, the State pays the CDF of the 99% who cannot afford to pay anything.
(£5M+ & $8M+) multi-millionaires & corporations pay 5% of their collateral assets.
Benefits:-
- Ends regressive taxes that criminalise income, profits, sales, & employment
- Ends cuts in education, welfare, NHS, police & defense.
- Ends inflation, unemployment, anarchy, riots, arson, and looting.
- Instant rise in folks’ income who enjoy 20% lower shop & petrol prices.
- No political party can oppose collateral revenue has only winners & no losers.
- No tax payers to object and State is on a sustainable prosperous future.
What awesome benefits does Collateral Revenue provide?
1. Increased spending gives *Geometric Growth in Gross National Collateral.
2. *Geometric collateral growth gives a surplus in state revenue*.
3. *Surplus revenue allows state to refund CDF annually with 20% interest!
4. Annual refund of CDF makes state a tax free haven.
5. With no fines on profit, high collateral growth technologies will proliferate.
6. Inventor’s firm Gigadron Technologies www.gigadron.com will increase its collateral
from $130Bn to $20Trillion+ in a year and pay entire UK & US budget, thence onwards.
Conclusion:
The Collateral Revenue concept has only winners and no losers.
There are no alternative fiscal options in the world that can save the world from recession.
Collateral Revenue is flawless, takes only 2 days to implement & no collateral is sold.
Contact:
Michael V. Rodrigues B.Sc. (Mech. & Elect.) – Inventor & Author
President – Collateral Revenue Institute – a subsidiary of Institute of Inventors – established 1964.
Ealing, London W13 0BZ Phone: +44 (0) 20 8998 6372 / 3540
email mikinvent@aol.com www.collateralism.com
www.instituteofinventors.com www.gigadron.com