The Forum > General Discussion > Is this an opportunity to test a transaction tax?
Is this an opportunity to test a transaction tax?
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But there was something about the wording of this that caught my eye.
>>So we are paying $16,000 + interest pa per working person to private banks for productivity we already should own<<
How does that work, exactly? Who gets the money, and what does the working person get in return? Because I've looked at my bank account, and I can't see "$16,000 + interest" leaking out of it.
I can certainly understand that we pay interest on our home loans somewhere in that order of magnitude - your figure of $16k per working person adds up to around $180 billion, or about 17% of gross household income.
But what's this stuff about "productivity we already should own"?
You will take a moment to explain, won't you.