Posted on 12/22/2003 7:32:21 PM PST by Conservomax
Many politicians seem to think that the answer to every alleged problem is higher taxes. Howard Dean, for instance, has said he would repeal the Bush tax cuts -- even though this would boost the average familys tax burden by nearly $2,000.
This initiative sounds radical, and it is. But some proposals out there are even worse.
The United Nations, for instance, wants to create an International Tax Organization (ITO) that would have the power to interfere with national tax policies.
This crazy idea first surfaced two years ago in a report from the world bodys High-Level Panel on Financing for Development. Since then, the U.N. has been working to turn it into reality. For instance, U.N. General Secretary Kofi Annan recently called for the creation of a global tax commission. But no matter what its called, an international bureaucracy with power over tax policy would be an assault on American sovereignty.
An international tax organization, of course, would mean higher taxes and bigger government. Indeed, U.N. officials have been quite open about their intentions. The chairman of the U.N. panel that first endorsed the creation of an ITO said that it would take a lead role in restraining tax competition. According to this mentality, its unfair for America to have lower taxes than places such as France and Germany, especially if it means that jobs and investment flee Europes welfare states and come to America.
For all intents and purposes, the U.N. wants to create an OPEC for politicians. Governments would conspire to keep taxes high, and countries with free-market tax systems -- such as the United States, Switzerland, Ireland and Hong Kong -- would be targeted for persecution.
The U.N. also wants the power to levy its own taxes. The original report looked at two options, a tax on currency transactions and a tax on energy consumption. Both of these proposals would hit America hardest. But this is just the tip of the iceberg. In the past, the U.N. has endorsed new taxes on the Internet, including a tax on e-mail. Again, the U.S. economy would pay the lions share if this reckless idea took effect.
But the prize for the worst U.N. idea probably belongs to the proposal to give governments permanent taxing rights over emigrants. You see, the U.N. thinks its unfair when talented people leave high-tax socialist nations and move to places such as America. But since even the U.N. realizes it would be unacceptable to prohibit emigration, the bureaucrats are instead proposing to let governments tax income earned in other nations.
This scheme is a direct attack on American interests because of our high levels of immigration -- particularly the well-educated portion of the immigrant population. For instance, if a doctor from the Caribbean moves to America, his home government would get to tax income he earns here. If a Chinese entrepreneur moves to Silicon Valley, the Chinese government would get to tax his U.S. income.
Foreign-born workers in the United States, including both citizens and resident aliens, earn nearly $600 billion each year. Imagine the damage if foreign governments could tax that income. Even if they imposed only a 15 percent tax rate, foreign governments could drain nearly $100 billion from our economy.
There is an understandable temptation to dismiss these U.N. proposals as silly. After all, the United States can veto any bad initiatives. But this passive approach is a mistake. What would happen, say, if Howard Dean were president when the U.N. was voting whether to create an International Tax Organization? Could we trust him to veto this nutty scheme?
Another reason we should worry: The U.N. is just one of several international bureaucracies working to undermine fiscal sovereignty. The Paris-based Organization for Economic Cooperation and Development (OECD) targets harmful tax competition and the Brussels-based European Union enthusiastically backs tax harmonization.
Whats particularly troubling is that U.S. taxpayers are footing the bill for much of this nonsense. We dont belong to the European Union, but we pay 25 percent of the costs at the U.N. and the OECD.
Fortunately, some members of Congress are trying to address this. For example, Rep. John Sweeney, R-N.Y., has introduced legislation that would end U.S. funding of these bureaucracies if they insist on pursuing policies that undermine America. Bureaucrats at the U.N. and OECD dont want to risk their bloated budgets and tax-free salaries, so this is a good approach.
Clearly we have to do something -- unless we want to see our tax bills soar
This is a bad, bad man. A BAD man.
The UN DOES NOT speak for the American People!
We are in the Midst of "Interesting Times!"
Doc
More like pigs content at a trough, that then squeal loudly when slaughtered.
The United Nations Wants to Take Your Land!
"Private land ownership ... contributes to social injustice.... Public control of land use is therefore indispensable."
- United Nations "Habitat I" Conference Report, 1976
They think only the police and military need guns....
[img]http://www.unitedhumanrights.org/photos/holocaust.jpg[/img]
Are we ever!
De-fund, Deport, Denounce, Disarm, Disband!
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