Taxes on Bank Transactions to Redistribute Overseas
We have been yammering for a while now on how Obama is not just working to destroy the middle class by redistributing the wealth within this nation but he is working with foreign entities to insure that our wealth is redistributed among the nations… with a plan to rebrand the global warming “crisis” as an overpopulation problem…
The Auburn Journal has written a story about what went on at the recent UN Summit where Globalists were pushing a “World Transaction Tax” .
This tax would be levied “on world financial transactions in the name of solving poverty and climate change, formally launching a massive program to bankrupt the middle class and enrich the coffers of global government.”
Further the article states, that “Spearheaded by European Union countries, the so-called “innovative financing” proposal envisages a tax of 0.005 percent (five cents per $1,000), which experts estimate could produce more than $30 billion a year worldwide for priority causes,” reports CNS News.
As Ira Stoll, editor of FutureCapitalism.com, points out, new taxes always start off small so as to not be resisted by the people forced to pay them, and are then always gradually increased.”
‘When people suggest taxes, they always start out ‘small,’ said Stoll.
But once the door is opened to the idea of ‘global taxes,’ you can bet they won’t end small. Never mind all the issues about whether development aid actually helps poor countries or just winds up empowering corrupt local dictators and their cronies.”