Free Republic 2nd Quarter Fundraising Target: $88,000 Receipts & Pledges to-date: $26,974
30%  
Woo hoo!! And the first 30% is IN!! Thank you all very much!! God bless.

Keyword: tobintax

Brevity: Headers | « Text »
  • WH Science Advisor: Farmers, Construction Workers Will Die From Climate Change

    04/04/2016 1:10:04 PM PDT · by PROCON · 74 replies
    cnsnews.com ^ | April 4, 2016 | Eric Scheiner
    (CNSNews.com) - White House Science Advisor John Holdren says because of the impacts of climate change, agricultural and construction workers “will basically be unable to control their body temperature and will die.” “In some parts of the world, when you look more broadly at this question, you see the likelihood that in the hottest times of the year it will be simply physiologically impossible to work outdoors,” Holdren said at a White House event on climate change Monday. “That means agriculture, that means construction, people who try to work outdoors will basically be unable to control their body temperature and...
  • $2,957,000,000: U.S. Taxpayers Will Fund Lion’s Share of UN Budget Again in 2016

    12/28/2015 7:42:36 AM PST · by rktman · 25 replies
    cnsnews.com ^ | Patrick Goodenough
    American taxpayers will once again be liable for more than one-fifth of the United Nations' regular budget next year, as well as more than one-quarter of the much-larger peacekeeping budget - a total of approximately $2,957,000,000. The U.N. General Assembly just before Christmas approved a regular operating budget of $5.4 billion for the 2016-17 period. (That budget is calculated biannually.) Of the $2.7 billion earmarked for 2016, the U.S. will account for 22 percent, or $594 million. Of the separate peacekeeping budget - $8.27 billion for the year ending June 30 - the U.S. is liable for 28.5783 percent, or...
  • Obama Says a New Tax Is 'The Most Elegant Way' to Stop Climate Change

    12/01/2015 9:36:18 AM PST · by PROCON · 48 replies
    cnsnews.com ^ | Dec. 1, 2015 | Susan Jones
    (CNSNews.com) - At news conference in Paris on Tuesday, President Obama said "the most elegant way" to reduce carbon emissions is "to put a price on it." He was responding to a reporter who asked Obama, "I wonder if you see any political path back home toward putting a price on carbon?" "I have long believed that the most elegant way to drive innovation and to reduce carbon emissions is to put a price on it. This is a classic market failure," Obama replied. "If you open up an Econ 101 textbook, it will say the market's very good about...
  • Rising seas threaten to flood launch sites, NASA says

    09/07/2015 12:47:49 PM PDT · by PROCON · 97 replies
    CNN ^ | Sep. 6, 2015 | Brandon Griggs
    (CNN)—NASA's rockets are astounding machines, capable of blasting into space at thousands of miles per hour and withstanding temperatures twice the melting point of steel. But they can't take off underwater. Rising sea levels caused by melting ice caps threaten to disrupt a handful of NASA launch sites along U.S. coastlines, the space agency warns. In the coming years, launch facilities at Florida's Kennedy Space Center and other places may need to be retrofitted or even moved inland, NASA says. "Every NASA center has its own set of vulnerabilities, and some are more at risk than others," NASA climatologist...
  • Surpise: EU carbon credit scheme was used to generate cash with no carbon reductions

    08/25/2015 2:17:07 PM PDT · by SeekAndFind · 6 replies
    h ^ | 08/25/2015 | Jazz Shaw
    The European carbon credit program, developed in conjunction with the United Nations, is working out just fabulously. Well… it’s at least working out fabulously for a few people. Similar to programs being developed here in the United States by climate warriors, it offers “flexibility” to various countries so it can be tailored to their individual needs. For example, if you are able to make big cuts in your carbon emissions, you get a lot of these “credits” applied to you. If there are other countries who are a bit fatter with cash but can’t manage the changes required to...
  • Breaking a Taboo: Plans for Euro-Zone Tax Take Shape

    08/02/2015 11:15:44 AM PDT · by Olog-hai · 6 replies
    Der Spiegel ^ | July 30, 2015 – 04:47 PM | Michael Sauga, Christian Reiermann and Christoph Schult
    History has shown that when a government wants to solidify its power, it has to turn its subjects into taxpayers. The Roman Empire demanded high tribute payments from every tribe it had newly conquered. And the United States developed from a commonwealth to a federal state when, in the 18th century, Treasury Secretary Alexander Hamilton achieved uniform duties and taxes for the entire union, initially on whiskey, because it was so lucrative. Politicians in the eurozone are now seeking to emulate the historic model from the early years of the United States. The unnerving bargaining over the latest Greece bailout...
  • German and French ministers call for radical integration of eurozone

    06/03/2015 3:57:23 PM PDT · by Olog-hai · 14 replies
    Manchester Guardian ^ | Wednesday 3 June 2015 16.00 EDT | Ian Traynor
    German and French politicians are calling for a quantum leap in how the EU’s single currency is run, proposing an embryo eurozone treasury equipped with a eurozone finance chief, single budget, tax-raising powers, pooled debt liabilities, a common monetary fund, and separate organization and representation within the European parliament. They also propose that all teenagers in the EU be given the chance to spend a subsidized six months in another European country. In an article published in the Guardian and other European newspapers, Sigmar Gabriel, Germany’s social democratic leader and vice-chancellor in Angela Merkel’s coalition government, and Emmanuel Macron, France’s...
  • London warned of big threat to jobs if UK quits EU

    08/03/2014 11:11:38 PM PDT · by Berlin_Freeper · 8 replies
    The Financial Times ^ | August 3, 2014 | Jim Pickard
    London could lose more than a million jobs if Britain quits the EU and fails to adopt more outward-looking trade policies, according to a report commissioned by Boris Johnson, the London mayor. In those circumstances, the capital could shed 1.2m jobs and lose out on tens of billions of pounds of gross domestic product, the report says.
  • Confirmed: NO GLOBAL WARMING in 17 Years and 9 Months

    05/20/2014 7:32:53 PM PDT · by QT3.14 · 23 replies
    Gateway Pundit ^ | May 19, 2014 | Jim Hoft
    [Snip]...Not only is the North Polar cap not melted away – global warming is not happening either. There has been no global warming in 17 years and 9 months.
  • EU top court throws out UK challenge to transactions tax

    04/30/2014 10:55:45 PM PDT · by Olog-hai · 3 replies
    EU Observer ^ | 30.04.14 @ 15:21 | Benjamin Fox
    The European Court of Justice on Wednesday (30 April) rejected a UK legal challenge to plans by eleven countries to set up a financial transactions tax (FTT). The main thrust of London’s opposition to the tax relates to the so-called “residence” and “issuance” principle in the proposed bill, which means that some traders operating outside the FTT-11 would still be liable to pay the levy. The UK, which has the largest financial services sector in the EU, says that it would be hit by the tax as a result. But since the proposal has not been agreed, the UK case...
  • Anti-Science: Those Who Wish to Debate Climate Threatened with Death or Jail

    03/23/2014 7:37:53 PM PDT · by Ernest_at_the_Beach · 46 replies
    zerohedge ^ | 03/23/2014 - 19:19 | Posted by : George Washington ( User Nmare?)
    Preface:  The scientific method requires allowing a free-for-all of hypotheses, which then rise or fall based upon the results of actual experiments.  In other words, science means that you throw out theories - no matter how good they look on paper - that are disproven by experimental results, and adopt those confirmed by the results. [Economics is supposed to do that, too ... but hasn't.]For example, putting Galileo to death because he didn’t agree with the “accepted” consensus that the Sun revolved around the Earth was not a great example of the scientific method. Instead of conducting experiments to see...
  • IMF's World Tax Is a Puzzling Ploy

    01/07/2014 9:35:16 AM PST · by Renfield · 7 replies
    The Daily Bell ^ | 1-3-2014
    IMF paper warns of 'savings tax' and mass write-offs as West's debt hits 200-year high ... Debt burdens in developed nations have become extreme by any historical measure and will require a wave of haircuts, warns IMF paper. The paper said policy elites in the West are still clinging to the illusion that rich countries can chip away at their debts with a blend of austerity cuts and growth. – UK Telegraph Dominant Social Theme: The West is out of control and only taxes can save it. Free-Market Analysis: The UK Telegraph has discovered that the IMF wants to inflict...
  • French bid to boost aid by taxing finance stirs hornets nest

    10/17/2013 6:46:24 AM PDT · by Olog-hai · 1 replies
    EurActiv ^ | 17 October 2013 | Aline Robert
    The French National Assembly’s finance committee has green-lighted an amendment to the country’s draft 2014 budget law, significantly increasing the amount of aid funds that can be generated from the upcoming financial transactions tax (FTT), EurActiv.fr reports. An unexpected proposal for taxing financial transactions—amendment 23—was adopted on Tuesday (15 October) by the French Parliament’s finance committee during its examination of the country’s draft budget law for next year. … But the proposal is viewed less positively by the French Finance Ministry, which wants to protect the interests of French banks. Financial market operators, such as NYSE Euronext and Paris Europlace,...
  • EU institutions at war on ‘illegal’ finance tax

    09/12/2013 5:46:28 AM PDT · by Olog-hai
    EU Observer ^ | 10.09.13 @ 16:49 (Sep. 10) | Valentina Pop
    A financial transactions tax (FTT) for 11 EU countries would be illegal as it affects the tax sovereignty of others, according to an opinion by the legal service of the EU Council in Brussels. The European Commission says the tax is in line with EU law, however. In the leaked document, seen by Reuters and Financial Times, the lawyers serving EU member states say the proposed financial transactions tax “exceeds member states’ jurisdiction for taxation under the norms of international customary law as they are understood by the Union.” The 14-page legal opinion concludes that the proposal is “not compatible”...
  • Reports of Tobin Tax death exaggerated, EU says

    06/01/2013 4:27:57 AM PDT · by Olog-hai · 1 replies
    EU Observer ^ | 31.05.13 @ 17:25 | Andrew Rettman
    EU tax commissioner Algirdas Semeta has cast doubt on reports that his Financial Transactions Tax (FTT), also known as the Tobin Tax, is being unraveled by member states. The Reuters news agency and the Wall Street Journal this week cited “senior EU officials” as saying some of the 11 countries set to take part are having second thoughts. Semeta’s original proposal envisaged a 0.1 percent tax on share and bond trades and a 0.01 percent levy on derivatives trading from 1 January, designed to take €35 billion ($45 billion) out of the pockets of banks and traders into national treasuries....
  • Tobin Tax is madness for Europe, and economic war against Britain

    04/26/2013 9:30:27 AM PDT · by Olog-hai · 8 replies
    Daily Telegraph (UK) ^ | 7:40PM BST 10 Apr 2013 | Ambrose Evans-Pritchard
    France’s experiment with the Tobin Tax has proved a spectacular flop. Its finance ministry admits that the scattershot levy on financial transactions has raised just a third of the money expected since August. Total takings will be a paltry €800 million ($1.04 billion) in 2013, but that overlooks the much greater damage inflicted on French finance, industry and the government’s own tax base. “France is shooting itself in the foot,” said Paul-Henri de La Porte du Theil, head of French finance industry AFG. … The House of Lords EU Committee says the Tobin Tax will have “far-reaching adverse consequences” for...
  • Wealth tax to pay for EU bail-outs

    04/23/2013 6:12:18 PM PDT · by Lorianne · 15 replies
    Telegraph UK ^ | 14 April 2013 | Ambrose Evans-Pritchard
    Around 400,000 Britons live or own homes in the south of Spain, which is suffering a deep recession that is hampering Madrid’s attempts to balance the public finances and stave off a bail-out. Senior figures in Germany are now arguing that some richer home owners in countries like Spain, Portugal and Greece have so far avoided paying their fair share to rescue the euro, leaving Germany paying too much. Taxes on property or other assets would mark a significant change in Europe’s approach to funding bail-outs for eurozone members. Until now, the cost of rescue packages for countries like Ireland,...
  • Europe’s Tobin tax plan challenged by Italy, UK

    04/23/2013 3:35:16 PM PDT · by Olog-hai · 1 replies
    EurActiv ^ | 23 April 2013 | Jeremy Fleming
    The proposal to introduce a tax on financial transactions (FTT)—or Tobin tax—across a number of EU countries by January 2014 is under pressure as Italy wants fundamental changes to the plan and the UK has launched a legal challenge in the European Court of Justice. A statement on Saturday (20 April) from Italy’s permanent representative in Brussels, Ferdinando Nelli Feroci, said: “Transactions in state bonds should be excluded from the taxed instruments in the proposed Tobin tax.” He described this as a red-line, non-negotiable issue for Italy. … The plan was requested through “enhanced cooperation” by 11 countries, including Italy,...
  • EU: Financial tax should be used for development aid and climate

    02/27/2013 12:40:19 PM PST · by Olog-hai
    EU Observer ^ | 02/27/2013 @ 18:46 | Nikolaj Nielsen
    The European Commission said revenue from a proposed financial transaction tax (FTT) should be set aside to fight poverty and climate change, as an investment against global instability. “I would very much want member countries really to take it seriously,” European commissioner for development Andris Piebalgs told reporters in Brussels on Wednesday (27 February). The FTT is backed by 11 member states and would put 0.1 percent levy on bonds and shares and 0.01 percent on derivative products. Estimated generated annual revenues could range between €30 billion to €35 billion ($39 billion–$46 billion) a year. …
  • Britain “sleepwalking to EU exit”, warns Labour

    11/19/2012 3:05:17 PM PST · by Olog-hai · 8 replies
    EurActiv ^ | 19 November 2012 | (EurActiv.com with Reuters)
    Opposition Labour leader Ed Miliband vowed on Monday (19 November) he would not let Britain sleepwalk towards exit from the European Union as Prime Minister David Cameron prepared for tough talks in Brussels this week on a renewal of the bloc’s budget. Speaking to a conference of business leaders, the pro-EU Miliband said leaving Europe would be bad for prosperity and a betrayal of Britain’s national interests. “Increasingly we see euroskepticism on the rise among the British public—we see cabinet ministers in this government openly calling for Britain to leave,” Miliband said. “For those of us like me, who care...