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To: Errant
The report titled "Taxing Times," calls for the confiscation of household assets by a "capital levy" on citizens with a "positive net wealth" to reduce advanced economies debt to GDP ratios and stabilize global bond markets.

Soros and Buffett will be exempt.

3 posted on 10/26/2013 7:16:19 AM PDT by E. Pluribus Unum (Who knew that one day professional wrestling would be less fake than professional journalism?)
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To: E. Pluribus Unum

Of course!


4 posted on 10/26/2013 7:18:01 AM PDT by Errant
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To: E. Pluribus Unum

I went to to the link and skimmed it. Not enough time today to read all of it, nor to be honest enough interest.

But I did not find the exact statement:

The report titled “Taxing Times,” calls for the confiscation of household assets by a “capital levy” on citizens with a “positive net wealth” to reduce advanced economies debt to GDP ratios and stabilize global bond markets.

However, the “One Off” section on page 59 does give one pause.

If anyone could dig through this crap and provide more clarity, it would help.


17 posted on 10/26/2013 7:40:58 AM PDT by old curmudgeon
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