Tag Archives: taxation

We are the 99 per cent Occupy Wall Street is a peaceful stand against the big American rip-off. Support it and regain your dignity

– by Mark Ruffalo

I have spent the last two days at the Occupy Wall Street gathering. It was a beautiful display of peaceful action: so much kindness and gentleness in the camp, so much belief in our world and democracy. And so many different kinds of people all looking for a chance at the dream that America had promised them.

When people critique this movement and say spurious things about the protesters’ clothes or their jobs or the general way they look, they are showing how shallow we have become as a nation. They forget that these people have taken time out of their lives to stand up for values that are purely American and in the interest of our democracy. They forget that these people are encamped in an urban park, where they are not allowed to have tents or other normal camping gear. They are living far outside their comfort zone to protect and celebrate liberty, equality and the rule of law.

It is a thing of beauty to see so many people in love with the ideal of democracy, so alive with its promise, so committed to its continuity in the face of crony capitalism and corporate rule. That should be celebrated. It should be respected and admired.

Their message is very clear and simple: get money out of the political process; strive for equality in taxation and equal rights for all regardless of race, gender, social status, sexual preference or age. We must stop poisoning our food, air and water for corporate greed. The people on Wall Street and in the banking industrial complex that destroyed our economy must be investigated and brought to justice under the law for what they have done by stealing people’s homes and savings. ….

Read more → guardian.co.uk

Mujib’s 6 points

1. The constitution should provide for a Federation of Pakistan in its true sense on the 1940 Lahore Resolution and the parliamentary form of government with supremacy of a legislature directly elected on the basis of universal adult franchise.

2. The federal government should deal with only two subjects: defence and foreign affairs, and all other residuary subjects shall be vested in the federating states.

3. Two separate, but freely convertible currencies for two wings should be introduced; or if this is not feasible, there should be one currency for the whole country, but effective constitutional provisions should be introduced to stop the flight of capital from East to West Pakistan. Furthermore, a separate banking reserve should be established and separate fiscal and monetary policy be adopted for East Pakistan.

4. The power of taxation and revenue collection shall be vested in the federating units and the federal centre will have no such power. The federation will be entitled to a share in the state taxes to meet its expenditures.

5. There should be two separate accounts for the foreign exchange earnings of the two wings; the foreign exchange requirements of the federal government should be met by the two wings equally or in a ratio to be fixed; indigenous products should move free of duty between the two wings, and the constitution should empower the units to establish trade links with foreign countries.

6. East Pakistan should have a separate militia or paramilitary forces.

Source – Sindhi e-lists/ e-groups, April 21, 2011.