Economics and Taxes and Hidden Assets

Quarts.com published an interesting article: The mystery of Russia's missing wealth shows how Putin retains his power — Quartz

about Russia's wealth and how their nation's wealth has been distributed over the decades since 1900. I think it's enlightening because they face some of the same problems America has today. Of course, their economy under Communism had wealth and much of that was redistributed to the oligarchs when their quiet revolution (to Democracy) happened. But, their tax system and the hidden wealth and their lack of a strong reinvestment plan is not so different from the plan they had in Kansas a few years ago. It nearly bankrupted Kansas. Then they decided to incorporate a lot of that into the recent federal government tax law changes.

The way I see it we have a lot of money which is being used for corporate stock buybacks instead of being reinvested in the company and its workers and we have a lot of investment which needs to be done in America, North Korea, and in new technologies (wind, solar, medical tech, etc.). Isn't it time to marry the two and get to using the free-floating money in most productive ways?

Instead of a large government based bond program to raise money for infrastructure works (construction or maintenance), why not depend on all the corporations which are sitting on large bank accounts (Apple is one) to invest in safe long-term infrastructure programs. China, Russia, and many others want to invest in N. Korea. Why not put all that wealth to use instead of sitting on it where it doesn't earn any return?

How the rich get richer – money in the world economy | DW Documentary - YouTube 

Cuba is changing and now they have changed their constitution to allow private property. Isn't that what free market capitalists call a "clarion call"? Time to invest!

Cuba will recognize private property in its new constitution 

In America we have a new phenomenon: corporations (some are LLCs) where money from anywhere in the world can hide. Recently Treasurer Steve Mnuchin announced a new IRS rule to keep private the sources of the money in those.

https://www.huffingtonpost. com/entry/treasury-dark-money- transparency_us_ 5b4dbd8be4b0fd5c73bebb3d 

The government is making it easier for "dark money" donors to go unnamed 

Rather than just hiding money, shouldn't people be putting it to use? It's time to invest in useful ways.