G20 INTRODUCES GLOBAL TAXES!

G20 FMs stupidly agreed to continue stupidus stimulus measures and introduce a global tax on financial trnsactions, a banking VAT! Globokleptocrats meeting in the Scottish golf resort of St. Andrews warned it was not time to wind back the massive stupidus stimuli, pointing to the threat posed by escalating unemployment.

Basil Venitis has proven that for each percent of lower taxes, the economy grows by at least four percent more. Smart stimulus is to cut taxes. Stupidus stimulus is to increase spending, which stimulates the cancer of socialism! Taxation is armed robbery that feeds the black hole of political corruption; it's the perfect index of corruption and tyranny. Only evil governments tax citizens and companies.

Globokleeptocrats claim the pseudorecovery is uneven and remains dependent on policy support, and if they put the brakes on too quickly, they will weaken the economy and the financial system, unemployment will rise, more businesses will fail, budget deficits will rise, and the ultimate cost of the crisis will be greater.

IMF also declared that stupidus stimuli must remain, in order to avoid endangering a nascent economic recovery. Premature exit from accommodative monetary and fiscal policies could undermine the nascent rebound, as the policy-induced rebound could be mistaken for a strong and durable recovery.

Gordon Brown urged the globokleptocrats to consider introducing a financial transaction tax, which could generate funds to help pay for possible financial sector bailouts. Brown claims it cannot be acceptable that the benefits of success in banks are reaped by the few, but the costs of its failure are borne by all of us, and a new social contract is needed between the public and the banks.

Brown stresses Uncle Ken(UK) would not act alone, and such a tax would also have to be implemented by all the world's major financial centers, including Uncle Sam, Europe, Asia, the Middle East, and Switzerland. Brown joins Angela Merkel and Sarko, who have been calling for the introduction of such a global tax, modelled on a concept originally put forward by Nobel laureate James Tobin. At a special summit of European leaders in Brussels some weeks ago, Merkel failed to find enough backing for global taxes.

US Treasury Secretary Tim Geithner told venitists, Obama opposes a banking global tax, because he has promised UN a global tax on oceans! Geithner wants to make sure we have a system where taxpayers aren't exposed in the future, and where the financial institutions are bearing the consequences of their mistakes.

Venitis has proven, beyond any doubt, that the present financial crisis is mainly due to kleptocracy, huge taxation, and huge regulation. Therefore, the only way out of this crisis is to drastically reduce political corruption and taxation, and eliminate myriad stupid laws. Nevertheless, antivenitist kleptocrats refuse to admit these findings, and they propose stupid spending stimuli, which will generate more kickbacks and make the crisis much worse! Well, nobody expected the kleptocrats to point the finger at themselves! Kleptocrats are the source of all evil on Earth, and we have to find a way to get rid of them now. Allons enfants de la Patrie!

Jobs created from the stupidus stimulus is little more than political theater. Regardless of how many jobs the government claims to create, the economic facts are that the government cannot create anything without destroying something else in the process. An untold number of current and future jobs will disappear or never be created because of the wealth extracted from the economy to pay for stupidus stimulus. Whether the burden to pay for the government's interventions are borne by current taxpayers or assumed by future generations stuck with the consequent debt, the end result is a relatively lower standard of living.

Venitis asserts that when an economy suffers from erectile dysfunction, via-grab does not work, but only via-cut. The via recommended is to cut taxes, not grab more taxes. There are limits to how much government can tax before it kills the host. Even worse, when government attempts to subsidize prices, it has the net effect of inflating them instead. The economic reality is that you cannot distort natural market pressures without unintended consequences. Market forces would drive prices down. Government meddling negates these pressures, adds regulatory compliance costs and layers of bureaucracy, and in the end, drives prices up.

Venitis asserts the banking VAT proposed by G20 will bring pandemonium! Banking might go underground! VAT is a trademark of slavery and a destruction power of myriad watts. VAT is the main culprit of the European financial meltdown. The European taxation is based on the VAT monstrosity against poor people! The most unfair tax is VAT, the calamity of Fourth Reich(EU); that's why Vatbuster Basil Venitis urges all Europeans to evade this tax of misery as much as possible! Europeans are yoked with a 15-25% VAT, value added tax. In Canada, VAT is only 5%. The burden of VAT falls on final consumers of products.

VAT is a regressive tax; the poor pay higher percentage of their income. Revenues from VAT are much lower than expected, because they are difficult and costly to administer and collect. Since any double-digit VAT leads many venitists to underground economy, most vatstruck Europeans evade VAT! As a matter of fact, if you are a real patriot, you should boycott shops that charge VAT! VAT is the cacothanasia of EU!

Venitis asserts that VAT and kleptocracy are two good reasons to get out of the Fourth Reich(EU) now. Vatstruck Europeans are looking for a Moses to liberate them from the yoke of Brussels. They have to do it now, before a new imposed treaty between Eurokleptocrats tie their hands forever. Californians and Texans want to get out of USA, but Uncle Sam does not allow it. The same thing might happen with Britons and Greeks. Infinite infinitesimal amendments to treaties might accumulate over time, leading to huge changes of original intent, enslaving all Europeans to antivenitist Brussels forever!

Vatmonger Eurokleptocrats declare that Fourth Reich aid to Third World is a manifestation of Fourth Reich benevolence! To whom vatbuster Basil Venitis replies: It's not yours to give! Antivenitist Eurokleptocrats cannot understand how much it hurts when a poor vatstruck Greek mother who cannot pay the rent and feed her children learns that the VAT money she pays goes to motherfucker cacodemon kleptocrats of Third World! Arafat's widow inherited two billion euros; that's Fourth Reich aid money Yasser Arafat stole from the Palestinian people! Most Fourth Reich aid money finds its way to the secret offshore accounts of kleptocrats and the laps of terrorists. This is Euromalevolence, pure and simple!

It's your venitist duty to avoid and evade taxes all the way! Venitis points out that tax competition between jurisdictions holds down the cancer of government, and all people experience more opportunities and more wealth. If businesses and individuals are discouraged from investing outside their own jurisdictions, they will simply choose to work less and take no major business risks. All antivenitist governments are corrupt, and without the last bastions of freedom, aka taxhavens, enforcing financial privacy, citizens would have no place to protect their financial assets from kleptocrats, kidnappers, extortionists, blackmailers, and thugs. Evade taxes now as much as you can! Allons enfants de la Patrie!