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View Full Version : Another Petition .... Government Debt and CAFR



palani
29th December 2012, 05:58 PM
Government promotes debt and never the scope of their global investments."Collective" Local and Federal totals held are?


https://petitions.whitehouse.gov/petition/government-promotes-debt-and-never-scope-their-global-investmentscollective-local-and-federal-totals/3rwfsMS8


Government, Local and Federal promotes debt and "never" mentions its "collective" investments held globally.

Investments held in the US, China, Soviet Block, South America, etc.

"Collective" totals from both Local and Federal government held domestic and globally are estimated as of 2007 to be a conservative 110-trillion dollars having generated a return of over 5-trillion dollars.

The return from these investments is rarely dedicated to offset taxation.

Should law be passed to mandate a certain percentage say 10% to 30% of the return from these investments be dedicated by every local government and federal agency to offset taxation?

The City of Mesa, AZ has been doing this for 30-years creating on the city level the lowest taxation rate in the state of Arizona..

Hatha Sunahara
29th December 2012, 10:31 PM
I would sign this petition, but i do not want to create a WhiteHouse.gov account. If this is a government of by and for the people, (which it is not), why not pass a law dedicating 100% of the return on these assets toward offsetting taxation?

I think I answered my own question with the parenthetical that preceded it. If governments are all corporations, who actually owns them?

Hatha