No taxation or levy is incurred by Citizens of Area 52 - Ex Terra and all Citizens can claim EXCLUSIVE AREA 52 TAXATION LIABILITY. This is then part of the double-jeopardy escape plan as you cannot be taxed on the same income twice. Ergo, if you a SUBJECT EXCLUSIVELY to Area 52 taxation liabilities you will be free from taxation and other penal burden in the current country of residence.

ALL TAXATION REVENUE IS GENERATED VIA MARINE - SATELLITE - AIR TRAFFIC AND CABLING LEVY APPLIED BY Area 52 - Ex Terra Treasury.

The Financial Commercial UK Transaction Tax

So please tell your government and the MPs, Congressmen and senators that form it to go and.....

“The case to replace all taxation measures within the UK by substituting them with one simple Financial Transaction Tax of 1%”

*It's the time of year when I like to have a look at how financial transactions were doing in 2013. Many of the key players are quite keen to boast about just how much activity they are handling.

The idea is really simple, and I have a great deal of difficulty in believing that no-one has thought of it before. Essentially, it is based on the observation that if you take all the financial transactions for 13 major economies, you get a mind-blowing total of $9000 trillion dollars (that's $ 9000 000 000 000 000). If you add up all the tax revenues for the same 13 countries, you get $9 trillion. That's 1000 times less. This means that if you imposed a 1% flat rate transaction tax, you would get 10 times more government revenue that they currently obtain. I seriously think that the vast majority of citizens would vote for a scheme in which all taxes (income tax, VAT and sales taxes, and even taxes on profits) are abolished and replaced by a simple to implement 1% fee on all transactions. Some examples follow: