Science Czar Wants a $1.4 Trillion UN Tax
Next Wednesday, Barack Obama is scheduled to address a United Nations summit calling for a “small global tax” on the U.S. economy and hundreds of millions more dollars in U.S. aid — and some of his advisers do not believe that is enough.
Obama will speak to the UN Summit on Millennium Development Goals, a global “anti-poverty” blueprint that calls for $845 billion in foreign aid from the U.S. before 2015. But the UN and several foreign nations will use next week’s conference to push for “small global taxes” on airline tickets and financial transactions that could net $30-$35 billion a year. The new UN tax will deposit the money collected from developed Western nations into a “Global Solidarity Fund,” which will then redistribute the funds to other nations. The president told the UN last year, “We have fully embraced the Millennium Development Goals.”
An undisclosed portion of this will go toward “climate change mitigation” — that is, advancing the global socialists’ Green agenda. UN Secretary General Ban Ki-moon has no plans to keep the international slush fund small, insisting properly saving the world from greenhouse gases “would require financial assistance of perhaps an additional 1 percent of gross domestic product of rich countries in 2015.” (Emphasis added.) That would haven taken $143 billion out of the U.S. economy last year alone, a debt he deems “a small sum compared with the likely costs of inaction.”
And now… the rest of the story. …..
Harold
