[endthematrix]

This, if I understand it, is similar to a floated UN proposal to fund itself. By taxing the transactions of the flow of international capital. I do not favor this as it is more centralized than the NST at the register.

[APT Project Director]

Based on several replies there is always skepticism about a new revolutionary idea. You must approach APT QUANTITATIVELY because albeit every transaction is taxed BUT the total bill is FAR less for the individual than NST or the current system. The "evils" of centralization and cashlessness are already fully upon us (cash is only 2% of the value of all transactions and is certainly allowable under APT). The security markets would flourish because of all the money people would be trying to invest. Capital formation would be much easier. When you approach APT you MUST always be cognizant of the numbers and not simply the qualitative aspects. NST hates the number discussions -- it's hard to figure out the rate required until after you're sold the concept -- then comes the killer let down, 31.5% here in TX. What it all boils down to is -- since no freedom is being sacrificed -- is any argument reason for everyone to continue to pay 70 TIMES more tax than they have to.