Scott Keller on Budget & Economy
A: Let's define progressive first and truly understand what taxes are. Taxes are NOT revenue for the government but rather a return to the government of money that was put into circulation by the government in the first place. In today's economic situation we also need to understand that we do not have monetary sovereignty, meaning that rather than print our own money we borrow every dollar from someone else--a foreign owned, private bank called the Federal Reserve. There are much better ways to handle government funding and at the same time get money into circulation more efficiently if we end the debt economy and replace it with a usury free, non-profit leaning, grant economy.
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Mayor Rudy Giuliani(NYC)