Whereas we come together to reaffirm the inherent dignity and of the equal and inalienable rights of all members of the human family is the foundation of freedom, justice and peace in the world,

Whereas the peoples of the United Nations have in the Charter and the Universal Declaration of Human Rights reaffirmed their faith in fundamental human rights, in the dignity and worth of the human person and in the equal rights of men and women and have determined to promote social progress and better standards of life in larger freedom,

Whereas Member States have pledged themselves to achieve, in co-operation with the United Nations, the promotion of universal respect for and observance of human rights and fundamental freedoms,

We recognize then that in age of electronic and global commerce and wealth we must reaffirm those beliefs in fairness and equity that seek to make the world a better place for all humanity.

We further recognize that before many of the social goals of the United Nations can be met, the economic goals of the world must be met. And in seeing the economic goals as expressions of a belief, we see that there must exist some clear understanding of the nature of money and wealth from which greater meaning and understanding can be obtained.

Now, Therefore THE GENERAL ASSEMBLY proclaims THIS UNIVERSAL DECLARATION OF MONEY AND WEALTH as a common standard of achievement for all peoples and all nations, to the end that every individual and every organ of society, keeping this Declaration constantly in mind, shall strive by teaching and education to promote respect for these principles and by progressive measures, national and international, to secure their universal and effective recognition and observance, both among the peoples of Member States themselves and among the peoples of territories under their jurisdiction.

Article 1. Right of Property Ownership

(1) As defined in the Universal Declaration of Human Rights Article 17. Everyone has the right to own property alone as well as in association with others.

(2) As defined in the Universal Declaration of Human Rights Article 17 no one shall be arbitrarily deprived of their property.

Article 2. Right of work and income

(1) As defined in the Universal Declaration of Human Rights Article 23. Everyone has the right to work, to free choice of employment, to just and favourable conditions of work and to protection against unemployment.

(2) As defined in the Universal Declaration of Human Rights Article 23. Everyone, without any discrimination, has the right to equal pay for equal work.

(3) As defined in the Universal Declaration of Human Rights Article 23. Everyone who works has the right to just and favourable remuneration ensuring for themselves and their family an existence worthy of human dignity, and supplemented, if necessary, by other means of social protection.

Article 3. Right of standard of living and consumption

(1) As defined in the Universal Declaration of Human Rights Article 25. Everyone has the right to a standard of living adequate for the health and well-being of themselves and of their family, including food, clothing, housing and medical care and necessary social services, and the right to security in the event of unemployment, sickness, disability, widowhood, old age or other lack of livelihood in circumstances beyond their control.

Article 4. Gainful employment

(1) While it is a right for a person to choose his or her employment, by this Declaration it shall be a primary responsibility of the Executive leaders of all Member States to ensure sufficient jobs exist within their respective nations that all people who wish to work may have opportunity to do so in a meaningful way.

Article 5. Funding for retirement

(1) While it is encumbered upon the Governments of Member States to ensure that those of its citizens who are unable to fund their retirement are provided some means of pension, it shall be a primary responsibility of the citizens of all Member States to ensure their adequately fund their own retirement.

(2) To ensure the proper protection and care of the retirement savings of citizens, it shall be a goal of this Declaration that all Member States provide such uniform standards and national accounts to ensure one retirement account per citizen. All contributions then for a citizens retirement shall be towards this unique account.

Article 6. Retirement age

(1) Retirement age is the age generally accepted within a society as the time when a person retires from their job and makes way for a younger person to take over.

(2) In recognition of the unique conditions within the societies of different member states, some states with a very young population may benefit from a temporarily lower retirement age, while other states with an ageing population may benefit from a higher retirement age such as 70 or 75.

(3) It shall be a goal of this declaration to ensure that all Member States have adequate retirement age strategies to ensure a full employment policy.

Article 7. Contribution fees

(1) To function, a society requires the assistance of all its citizens. A fair and harmonious society is one that encourages its citizens and corporations to succeed while at the same time calls on each person and corporation to make some kind of financial contribution where they can.

(2) The word “tax” (latin) historically denotes the concept of a tribute for losing a battle. It is and has always been a word and concept considered unfair by most communities.

(3) By this Declaration, the word tax, the concept of tax and taxes is abolished for all forms of government.

Article 8. Relative contribution

(1) A fair and enlightened society is where those citizens and corporations who can afford to contribute more than those with less. By this Declaration its is considered a moral and ethical requirement of the wealthiest citizens to contribute more to the benefit of the society in which they live.

(2) Therefore, the financial contribution required from wealthier citizens and corporations will always be greater than those required from those less wealthy.

(3) Citizens or corporations who reject such a notion or seek to avoid making a proper contribution also reject the very society which has helped them earn their wealth. Such behaviour will not be tolerated in a fair and just society.

(4) The notion of a contribution to society can never be rightly compared to the concept of tax.

Article 9. Fairness of relative contribution

(1) To be fair, the relative level of contribution of citizens and corporations must balance between the overall needs and expectations of the nation and the just reward for effort.

(2) The total income earned by an individual or corporation must always be considered by rights their own, with no inherent claim of right to any of this income by any form of government.

(3) Instead, the level of contribution required to be made by all citizens, workers and corporations of the nation is based on an agreement of trust that the government shall seek to deliver the most cost effective services and society its citizens and corporations require, while individuals and corporations agree to make a relative contribution to this goal.

Article 10. Fairest and simplest calculation process

(1) A feature of tax law in most modern societies is the level of complexity introduced through complex exemptions and calculations. While the intention might initially have been a fair system, the result is usually far from fair.

(2) History suggests that wherever an extra exemption of complexity is introduced the chance for evasion and corruption of the system increases. Therefore the fairest system for calculating the level of contribution fees of a person or corporate will always be one that is the simplest.

Article 11. Fee for service

(1) The operation of government in many ways should mirror the principle of good government of any corporation in the providing of quality services to its customers.

(2) Wherever a quality service is provided to citizens, residents or international corporations or people, a model of fee for service should exist.

Article 12. Fair price for services

(1) Unlike a corporation which seeks to optimize its profits by maximizing price, it shall be a founding principle of this Declaration that prices for all government services should be fair.

(2) The power to set prices for government related services should always vest in the Executive Government of the Member State.

Article 13. Item

(1) An item is a unique product, service or solution for trade.

Article 14. Product

(1) A product is an article or substance that is manufactured or refined then offered as a single unit for trade as the final result of an activity or process.

(2) A product is a good. However, a service might also be offered as a product in certain circumstance. Hence the term good is redundant. A product is better described as an item.

Article 15. Service

(1) A service is a defined set of tasks by one or more persons offered as a single unit free or for trade as the final result of an activity or process.

(2) A service may also include one or more products as part of its offering. Hence the term service is redundant.

Article 16. Solution

(1) A solution is a collection of products and services offered as a single unit for trade as the final result of a group of activities/and or processes.

Article 17. Registration system for Items

(1) A national system for the unique classification and registration of all items shall be in force. This system represents a primary part of the overall knowledge architecture of the nation.

(2) The registration system will include requirements to additionally register items for international standards where goods and services are traded domestically and internationally using these systems.

Article 18. Registration of purchase/sale of all items

(1) All purchases and sales of registered items shall be recorded both for the use of individuals and corporations involved in the trade but also for local, state and national purposes in the governance of trade and commerce.

(2) All purchases shall be recorded through a central system enabling only authorized persons access to this information.

Article 19. Corporation

(1) A corporate is defined as a registered body of one or more people officially recognized as having some formal legal existence, through a specific instrument of power and charter of financial equity.

(2) By this Declaration, the following eight types of corporations shall be recognized.

Declarational Authority
Statutory Authority
Non-profit sole equity (NSE)
Non-profit group equity (NGE)
Non-profit public equity (NPE)

Profit sole equity (SE)
Profit group equity (GE)
Profit public equity (PE)

Article 20. Money

(1) Money is defined as a system generally accepted as a medium of exchange, a measure of value, and/or a means of payment.

Article 21. The credit as a measure of value

(1) The credit shall be used as the national measure of all positive and negative value. The credit shall be based on the decimal system with one hundred cents (100) equalling one credit.

There shall be four types of credit making up the total money supply of the nation:

Actual (positive) credits
Redeemable (positive) credits
Actual (negative) credits
Redeemable (negative) credits
Actual (positive) credits represent credits printed or minted as currency (as coins, smart cards, treasury notes, and banknotes) that is in circulation as a medium of exchange.

Redeemable (positive) credits represents all electronic credits reflected in the terms of agreements, electronic deposit or the implied value of an asset that upon maturity or sale can be converted into actual credits.

Actual (negative) credits represent negative credits printed or minted as tradeable debt.

Redeemable (negative) credits represent negative credits within a contract, yet to be fully paid.

Article 22. Total money supply

The total money supply of the nation reflects the total credits (of all types) circulating in the economy. The careful ongoing management of total credits within the nations economy is needed to ensure control over the inflation of prices.

Article 23. National Accounts

The national accounts are the unique records held for all objects identified in the national knowledge structure for the purpose of optimising the financial wealth of individuals, corporations and the nation as a whole.
The nation provides financial institutions with access to manage transactions in and out of national accounts. However, the ultimate account owner is the nation and the individual, corporate or object.

Article 24. Dual Contribution Account System

Each and every person and corporation who earns income shall be allocated two unique accounts for the calculation of contribution fees:
Contribution deduction account
Contribution credit account

Deductions of contribution fees shall be as far as possible an automated process of flat fee calculation. Any deductions then allowed shall be credited into the contribution account, calculation made and then any refund automatically returned to an individual or corporations general credit account.

Article 25. Calculation of personal contribution fee

The level of contribution paid by an individual to a national fee processing bureau should be calculated on its level of earnings before charges (such as bank, loans, government fees).

Article 26. Calculation of corporate contribution fee

The level of contribution paid by a corporate to a national fee processing bureau should be calculated on its level of earnings before charges (such as bank, loans, government fees).

On quarter of any positive earnings before charges should be considered the level of contribution required to be made by all corporations operating in that country.

Article 27. Deductions for corporate considerations

There are legitimate considerations where a corporate has experienced losses that mean it will have no money left over after paying its debts.

Article 28. Agreement

An agreement is a formal contract between at least two parties (or more) for the provision of certain items (goods/services). An agreement may be between individuals and/or corporate entities.

Agreements are the lifeblood and bonds between businesses, especially small to medium businesses. The honouring of the terms of agreements and the elimination of the possibility of dispute is essential for a harmonious society.

Article 29. Valid agreement

A valid agreement is an agreement that follows the exact structural and content provisions required under the sections of this Declaration and associated laws.

Article 30. Registered valid agreement

A registered valid agreement is a valid agreement that has been registered and deposited with the national agreement index. Only valid agreements may be deposited with the national agreement index.

Article 31. Deposit of valid agreements for agreements valued above 1000 credits

It shall be considered a legal requirement of all corporate entities that any agreement valued at 1000 credits or more shall be drafted in the required valid format and deposited to the agreement index.

Article 32. Disputation on registered valid agreement

Disputation on registered valid agreements shall reside in a special court for the control and smooth operation of agreements. No court action is permitted for the dispute or recovery of funds in regards to an agreement unless it has been deposited.