Friday, September 28, 2012

Can I Buy You a Drink, or Should I Just Give You the Money?

A 1 percent tax on billionaires around the world. A tax on all currency trading in the U.S. dollar, the euro, the Japanese yen and the British pound sterling. Another “tiny” tax on all financial transactions, including stock and bond trading, and trading in financial derivatives. New taxes on carbon emissions and on airline tickets. A royalty on all undersea mineral resources extracted more than 100 miles offshore of any nation’s territory.
The United Nations is at it again: finding new and “innovative” ways to create global taxes that would transfer hundreds of billions, and even trillions, of dollars from the rich nations of the world — especially the U.S. — to poorer ones, in line with U.N.-directed economic, social and environmental development.
Show of hands, please...who believes that any such taxes would end up in the hands of poorer countries?    No...they wouldn't end up there.  Considering the fact that the UN refuses to do an all encompassing and legitimate audit of its finances, there is a good chance you would never know where the money would go.  And, that is the goal. 


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