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Response To That Final Question:

Ignorance is the Bane of Man.
At a distance removed,
Dimly remembered, and
Still not seen distinct,
But yet somehow felt;
What we do sense
Is not reality; is not the Real Thing.
This World is hologram.
Then; for lucid sleep;
For it's just a dream
Within another dream
And we are not awake.

Seven Stars' Song of Revelation

Ignorance is a jail where no escape
Is possible but through knowledge.
Don't fear nor spurn. Dare to learn:

Assent to and accept this world as it is
Before attempting ascent to any world
Aspired to or wished for. Life's glorious!

That That Is can be known but by few.
Not space, not time, not gravity exists;
But as Extension from Field of Thought.

Be subject to neither church nor crown.

Dread naught. Disdain none: Not One!
Absent That That Is, there's Nothing.

That That Is, IS. That That's Not, IS, too.
That That's Not makes That That Is: IS.
That That Is makes That That's Not BE.

By rowing to That That Is, I become "I."
Wind + Water = Wave. As THOUGHT is
The Heart and The Nave of The Wheel.

Worlds are created from Thought alone.
That which we will do is because of that
What we are. We'll become who we are.

Charity, courtesy, civility, compassion,
Are cardinal spokes making civilization;
Chivalry forms center, hub's circle core.

IS is! Be not the slave of some other's I.
This, Creed of our Seven Stars Society;
This, The Teaching of the Seven Stars:

No man can be happy if he should choose
To be exile from his own nature and soul.

Precognitive Prescient Prophetic Poetry by WILLIAM O'CONNOR

Friday, June 19, 2009

Value Addded Tax (VAT)

One proposed solution to America's fiscal deficit problems (they're many---there may be failure of imagination---but never of answers) is imposition of thirty-percent value added consumption tax (VAT), with a repeal of all other federal taxes---income, employment and estate. How VAT works (most countries already have VAT taxes) is: a flat excise tax is imposed at each stage of production, rather than at the final retail distribution, as is done with sales tax. Because VAT is consumption tax, rather than an income tax, it keeps inflation low and discourages credit debt accumulation. Some items, such as housing, medical care, education and groceries, are normally excluded from VAT taxation. It's also a simple tax to administer and to audit, because of its flat rates of taxation. VAT taxation encourages greater efficiencies in production of goods and from a conservative viewpoint, VAT is a far better tax structure, provided the income tax structure and employment tax structure are repealed: the worse things any state may wish to penalize within its economy are the production of income and greater employment, which the imposition of both income and employment taxes certainly does. If a state must tax, a VAT is the better way to go.

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