Of course, capturing this surplus may allow for income redistribution, as many suggest but a much bigger and sustainable bang can be achieved if the proceeds go instead to financing inclusion. In the end, inclusive growth may generate a more prosperous and egalitarian society, whereas redistribution may fail to benefit either inclusion or growth.

So the students were not necessarily against redistribution. They were against certain kinds of redistribution.

Redistribution or Inclusion?

The first is redistribution markets.

Launch of position paper Financing Development through Redistribution.

That's not wealth creation. It's wealth redistribution.

Taxes might rise somewhat in the high income ranges, with the proceeds going to fund entitlements and redistribution. The desire to avoid substantial tax increases (and to sustain consumption levels) will almost surely be reflected in a continuing shortfall of public sector investment, in turn undermining long term growth.

Laundering of proceeds of crime

Information was also provided on the confiscation of assets and proceeds of crime and the sharing of such proceeds.

Taxes might rise somewhat in the high income ranges, with the proceeds going to fund entitlements and redistribution. The desire to avoid substantial tax increases (and to sustain consumption levels) will almost surely be reflected in a continuing shortfall of public sector investment, in turn undermining long term growth. 160

Control of the proceeds of crime

The illegal proceeds shall be confiscated and a fine of 1 5 times of the illegal proceeds shall be imposed.

(e) Preventing and combating the transfer of proceeds of offences established in accordance with this Convention and recovering such proceeds

Three fundamental principles sustain most human communities exchange, redistribution of wealth, and charitable giving.

(a) Proceeds of crime derived from offences covered by this Convention or property the value of which corresponds to that of such proceeds

Criminalization of the laundering of proceeds of crime

Special rules on proceeds

Disposal of confiscated proceeds of crime or property

It would be desirable to analyse the impact of that redistribution on the Organization's activities.

5. Income or other benefits derived from proceeds of crime, from property into which proceeds of crime have been transformed or converted or from property with which proceeds of crime have been intermingled shall also be liable to the measures referred to in this article, in the same manner and to the same extent as proceeds of crime.

Prevention and detection of transfers of proceeds of crime

(a) Proceeds of crime derived from offences established in accordance with this Convention or property the value of which corresponds to that of such proceeds

Accounting for proceeds from the sale of property

(v) Disposal of confiscated proceeds of crime (article 14)

Money laundering and control of the proceeds of crime

(a) The assignor has received the proceeds under instructions from the assignee to hold the proceeds for the benefit of the assignee and

Proceeds derived from the offence

Proceeds from revenue producing activities

Equality has given rise to various forms of the welfare state founded on the redistribution of wealth.

The Party transferring the proceeds of crime or property assumes no liability or responsibility for the proceeds of crime or property once they have been transferred and relinquishes all right or title to and interest in the transferred proceeds of crime or property.

(g) Surveillance of the movement of proceeds of offences established in accordance with this Convention and of the methods used to transfer, conceal or disguise such proceeds

The Council shall, in that event, decide when such redistribution shall become effective.

6. Income or other benefits derived from such proceeds of crime, from property into which such proceeds of crime have been transformed or converted or from property with which such proceeds of crime have been intermingled shall also be liable to the measures referred to in this article, in the same manner and to the same extent as proceeds of crime.

Maintaining statistical data on seized proceeds of money laundering

Maintaining statistical data on confiscated proceeds of money laundering

Freezing, seizure and confiscation of proceeds of drug trafficking offences

Freezing, seizure and confiscation of proceeds of other serious crimes

Article 5 Sharing of confiscated proceeds of crime or property

Article 6 Payment of shared proceeds of crime or property

The Economy of Communion offers much more than simply a process for the redistribution of goods and resources.

Property that is the proceeds of, or involved in, the financing of terrorism, terrorist acts or terrorist organisations can be confiscated through the Proceeds of Crime Act 2002.

Remotely possible Would require 5 annual growth and redistribution of 0.03 of GDP or growth in excess of 6

Figure I States reporting measures against laundering proceeds of crime

Terrorists are also often dependent upon the proceeds of crime.

Laundering of proceeds of other serious crimes considered a criminal offence