Skip to comments.World Tax proposed by France's PM Chirac (Big Barf alert)
Posted on 09/03/2002 1:45:33 PM PDT by GaryMontana
JOHANNESBURG (Reuters) - French President Jacques Chirac will urge world leaders to launch talks on a new international tax to fight world poverty, sources with him at the Earth Summit in Johannesburg say.
The sources said Chirac rejected the existing "Tobin Tax" proposal to raise levies purely on foreign exchange transactions but would call in a speech to the summit for discussion on a wider tax on wealth generated by globalisation.
"It could be a tax on airplane tickets, on carbon dioxide, on health products sold in industrialised countries, and indeed on international financial transactions," one source said.
"The idea of wanting to hold back a small share (of global wealth) to relieve poverty is not a mad idea at all. But the debate has been polluted by the campaign on the Tobin Tax," the same source added.
The Tobin Tax, championed by non-governmental groups as a way both to raise funds and to deter financial speculation, attracted much interest particularly in Europe last year but since appears to have fallen out of favour.
European officials have noted possible problems with the tax, proposed by U.S. Nobel Prize winner James Tobin in the 1970s. One is that financial markets would simply move to those countries that chose not to apply the tax.
World leaders began arriving at the World Summit on Sustainable Development on Monday hoping to settle differences over an action plan to end what South African President Thabo Mbeki called "global apartheid" between rich and poor.
The sources close to Chirac, who was due to speak in Johannesburg around midday local time (11 a.m. British time) on Monday, pointed to studies suggesting global development aid would have to be doubled to around $100 billion (64 billion pounds) to really fight poverty.
Any one can voluntarily send money to the UN. Where in the US Constitution does it say we have to pay money to the UN? Where does it say in the Constitution that the UN has a right to tax the American citizens? Raise taxes, create coinage etc...?
US out of the UN, and UN out of the USA By th
Who will use this tax? How will it be used? In what way will it be used? How will benefit? who will oversee the monies collected? Who will be hired to do this? What qualifications will they need to be hired?
God help France.
Levied by whom? There are, after all, no carbon dioxide meters distributed worldwide...my guess is that it would be levied according to some environmentalist's estimate, and would be targeted at Guess Who. They're gonna ram the Kyoto Extortion Protocols through by any means necessary...
They just want more ... and they believe they are reaching a point where they can be out in the open about it and very direct. It is time they were proven totally wrong and that their illegitamacy was driven home by driving them out of the US ... and driving out of office and out of positions of influence and into dark holes and corners all of the glonalist/marxist power mongers abetting them within our own ranks.
My proposal from last September was to obliterate Kabul and rebuild it into a city called New United Nations. We can teach Afghanis the construction trade, let them build a world-class conference center that is centrally located in Eurasia and is easily accessible from Europe, Asia, and Africa, let a support economy flourish around it, and move the United Nations out of New York and into the new custom-built facility.
Then, we can take the old United Nations building and turn it into a temporary World Trade Center on the East River. It would be ready before any rebuilt facility at Ground Zero, and it has port facilities.
However, the world's ambassadors and leaders would never agree to give up their lifestyles in New York City.
I pray thee, bear my former answer back:
Bid them achieve me and then sell my bones.
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