In short, that taxes the fed, the banks that use fractional reserve banking, profits from stock traders and every derivative out there. Basically, if you profited from the use of money that wasn't yours, you pay a tax.
These are the PROBLEMS in our society so let's discourage their activity.
We could start out with a measly 0.5% or something just to get people to go along with it. My numbers actually show it would only take .75-1% tax to alleviate all our budget problems in about 2 years flat!
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