Transactional Evaporation :: Breakthrough Thinking about our Tax System

If you're like most people, the issue of taxes has become an increasingly painful topic to discuss. Taxes, as they exist today, create unnecessary friction in our economy and, as a result, produce an adversarial relationship between people and their government.

Transactional Evaporation can change all that.

Scott Smith has been involved in modeling alternatives to managing our nation's money supply for almost twenty years. Recently he founded the Partnership for a New Economy, which advocates a four-point program to modernize our monetary and banking system. His talk will focus on "Transactional Evaporation," will allow the federal budget to be balanced without the need for collecting either personal or corporate income taxes.

Transactional Evaporation will also counteract the effect of federal spending on the money supply, which will be financed by the creation of new money through the Federal Reserve, by evaporating the existing money supply gradually across the entire monetary system. The result is that income, both in the form of wages and investment income, will be left largely intact, helping to increase consumer spending and decrease our current levels of unemployment.

We invite you to join us for this timely discussion and find out why Transactional Evaporation may just be the solution we're all looking for.