UN’s Global Taxes
While most of us focused on the verbal match between Ahmadinejad and Netanyahu, the United Nations is trying to find ways of increasing its revenue. How? Through an array of new taxes of course:
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.
These latest global tax proposals have received various forms of endorsement at U.N. meetings over the spring and summer, and will be entered into the record during the 67th U.N. General Assembly session, which began this week. The agenda for the entire session, lasting through December, is scheduled to be finalized on Friday.
Here’s something that Governor Romney easily could work into the campaign in the last forty days by standing up for national sovereignty and telling the global taxers to take a hike. At the very least, I expect some mention of this during the foreign policy debate.