The Woodford Tax

The Woodford Tax

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A description of the accidentally discovered Woodford Tax, a never-before-seen tax design (named after the most genius economist whoever lived Michael Woodford) that would lead quickly to achieving an $18TR+/yr global wealth tax.

The Woodford Tax would collect TRILLIONS of dollars for curtailing carbon emissions globally, erase poverty from the Earth within 5 years, eliminate unemployment, underemployment, low wages, business cycles, and banking crises.

The Woodford Tax describes (by multiple, multiple orders of magnitude) the most profitable event in the entire history of banking (which completely counter-intuitively solves the 100,000 year old open problem -- poverty and life-shortening/ending material want).