Full Recorded Speech, Taxation for Revenue Is Obsolete, Beardsley Ruml


Not for Profit, Educational Fair Use. #General Election 2017 UK. Full Blog, on Election 2017 and why this is relevant. http://letthemconfectsweeterlies.blog... Not for Profit, Educational Fair Use. #General Election 2017 UK. #BeardsleyRuml Tax authority and corporate executive | 1894-1960 | Cedar RapidsBeardsley Ruml (5 November 1894 – 19 April 1960) was an American statistician, economist, philanthropist, planner, businessman and man of affairs in the 1920s, 1930s and 1940s. He was born in Cedar Rapids, Iowa. In 1945, Ruml made a famous speech to the ABA, asserting that since the end of the gold standard, "Taxes for Revenue are Obsolete". The real purposes of taxes were: to "stabilize the purchasing power of the dollar", to "express public policy in the distribution of wealth and of income", "in subsidizing or in penalizing various industries and economic groups" and to "isolate and assess directly the costs of certain national benefits, such as highways and social security". This is seen as a forerunner of functional finance or chartalism. Ruml wrote several books and essays, including "The Interest Rate Problem," "Memo to a college trustee: A report on financial and structural problems of the liberal college," "Government, Business, and Values," and "Tomorrow's Business." Ruml died April 19, 1960, in Danbury, CT. Voice Recording Extract. http://www.wnyc.org/story/presidents-... Jan 28, 1955 This recording marks [the first?] meeting of the President's Committee on Employment of the Physically Handicapped. Arde Bulova, Chairman of the Special Employer Subcommittee, invites several speakers to the microphone to discuss the importance of hiring disabled workers, with special emphasis on those disabled on the job or in combat. Speakers: Beardsley Ruml UK Election Reality Checks


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