UN press release Global taxes for CO2 , transactions, the list goes on

Discussion in 'The Fire For Effect and Totally Politically Incorr' started by jack404, Jul 9, 2012.

  1. jack404

    jack404 Former Guest

    Jan 11, 2010

    announced 5th July released today

    With donors slashing development aid due to the global economic crisis, the United Nations is proposing international taxes and other innovative financing mechanisms to raise more than $400 billion annually to meet global priorities like fighting climate change and meeting the Millennium Development Goals, according to the Organization’s annual global development report, released at Headquarters today.

    “We are suggesting various ways to tap resources through international mechanisms, such as coordinated taxes on carbon emissions, air traffic and financial and currency transactions,” said Robert Vos, Director of the Development and Analysis Division in the Department of Economic and Social Affairs and lead author of World Economic and Social Survey 2012 subtitled“In Search of New Development Finance”.

    At the launch press conference, he noted that in 2011, aid flows had declined in real terms for the first time in many years, resulting in a $167 billion shortfall in development assistance. While donors must still meet their commitments, new resources must be found, he stressed, noting that existing initiatives to fund projects, mainly combating communicable diseases in the developing world, where needs were greatest, had been successful. However, the scope for replicating or scaling them up was insufficient to meet development-financing needs in the coming decade. The proposed taxes would not only help to fill that gap, they also made economic sense as they would stimulate green growth and mitigate financial market instability. “In short, such new financing mechanisms will help donor countries overcome their record of broken promises to their own benefit and the world at large.”

    Among the new mechanisms identified in the report are a tax of $25 per ton on carbon dioxide emissions in developed countries; a “tiny” currency transaction tax on the four major global currencies — United States dollar, euro, yen and pound sterling — and earmarking a portion of the proposed European Union financial transaction tax. Such measures would raise an estimated $250 billion, $40 billion and $71 billion annually, respectively, the report states. Additionally, regular allocations of International Monetary Fund (IMF) special drawing rights, as well as use of “idle” special drawing rights, could yield some $100 billion annually to purchase long-term assets that would in turn be used as development finance.

    Mr. Vos said that innovative financing for tackling climate change, which had totalled $2.6 billion in the last decade, held particular promise in the coming years as the European Union shifted to auctioning emission allocations, potentially generating some $20 billion to $35 billion annually.

    Asked to elaborate on how the taxes would be agreed in order to raise the projected $400 billion a year, he said that, while it was difficult to give a timetable, the report stressed that the time was “more ripe” than it had ever been to discuss innovative mechanisms. The proposed taxes, which were technically feasible and would not distort financial markets, could be agreed and administered through regional or international agreements. Additionally, the United Nations could help countries agree on tax coordination and build on existing funds, as could the G‑20, which was currently discussing the proposed financial transaction and currency taxes.

    Responding to a question about the feasibility of a global carbon tax, he said some European countries, in addition to Australia and Canada, had already introduced it and most economists agreed that it was probably the best way to influence consumer behaviour and reduce the use of fossil fuels.

    He noted that all Member States had already agreed to and set up a global green climate fund, which served as a starting point for consolidating disbursement mechanisms intended to tackle climate change. Similarly, the report argued for setting up a “global fund for health” to replace the existing array of disease-specific funds that had led to the fragmentation of international support for health-care systems in low-income countries.

    Asked to elaborate on the implementation of a billionaire’s tax, which the report also proposed, he said that was technically still very difficult, given the lack of good records on the wealth holdings of billionaires, but it could be imposed in future through globally coordinated tax mechanisms. He pointed out that the interest earned on billionaires’ income would far outstrip the proposed 1 per cent tax.

    When asked whether the United States Government would approve any international tax, particularly since it was now engaged in heated debate over whether to approve a national health-care tax, he acknowledged such political constraints, saying much discussion on the matter would be needed in that country and elsewhere. The report argued that if climate change was taken seriously, countries like the United States could easily increase revenue by introducing a gasoline tax, he noted.

    Asked how the euro zone crisis that had already caused Greece, Spain and Ireland to cut development aid would affect support for the proposed taxes, he said that despite the cuts, the Governments of those countries had not opposed the tax, which was small. “There is political space to accept these kinds of taxes, but clearly the need is to do so in the form of international agreements to make them work.”

    Concerning the feasibility of the proposed airline tax levy, he said the money earned thus far by France, the Republic of Korea, several developing countries as well as African countries was much smaller than expected. Many more countries, particularly the world’s largest economies, must participate in order to make that tax more relevant.
  2. 22to12gauge

    22to12gauge Former Guest

    Jun 27, 2012
    Southern California
    Plants love CO2.. I thought these people were supposed to be tree huggers? This is about depopulation. The elite want us to stop breathing. We are not needed anymore due to automation.

  3. armoredman

    armoredman Active Member

    Sep 5, 2011
    Proud to be in Arizona
    Reduced to lowest common denominator - "The failing 1st world economies have caused many nations to not donate as much to our little international schemes as before. This is unacceptable, and we will strong arm these monies out of the countries one way or another."
    Once they GET these taxes approved, well, we can trace back the American Income Tax, and how it expanded from such a modest beginning into the monstrosity it is today. Let these guys in the door, and it won't take very long for them to expand it down to the bottom of our wallets.
  4. BlackEagle

    BlackEagle Well-Known Member Supporting Member

    Nov 25, 2011
    The EU does the same thing with its member states and are constantly getting more intrusive into our daily lives with mandates and taxes created by unelected bureaucrats who are out of touch with reality.

    It's all about control.
  5. raven818

    raven818 Well-Known Member Supporting Member

    Oct 3, 2011
    Jax, Fl.
    The part of the treaty that addressed the emission from airplanes was discussed on Fox a couple months ago. All of out international flights will have to pay the applicable tax due to the UN on each and every plane that lands outside of our borders if we do not get on-board the emission standards set by the UN. If bHo does sigh the treaty, our planes will have to meet whatever standard is set for the world on X date or pay the piper.

    Uh-huh. This is retribution of wealth at it's best.

    I don't recall which of the commies working for bHo made the remark, but early on, Glen Beck showed a clip of him speaking, and he said he wanted to see our gasoline on par with the price of a gallon in Eurpoe. Remember that? Here it comes.

    IF bHo signs on to this, we will watch, in most of our lifetimes, the beginning of the end of any and all of all of our natural resources, that currently create the energy this country runs on. He has already created standards that have shut down coal mining in many places in 2011. The list of those who will be forced to shut down in 2012 has already been drawn up.

    Since getting our power from windmills/solar energy and caterpillar-crap, is his goal, get ready for it.

    Just as a gentle reminder, oil....................

    What makes us such cowards, asked Dorothy to the Lion ( America )?

    "It's a mystery," replied the Lion. "I suppose we were born that way. All the other countries in the world naturally expect us to be brave, for we are everywhere and thought to be the King of all Beasts. We learned that if we roared very loudly every living person on the planet was frightened and got out of our way. In the past, Whenever we've dealt with the UN we just roared at them, and they always ran away as fast as they could go.

    Now, we find out, from HRH Obozo, If they fight us, we should run away--We're such cowards; but maybe if they hear us roar once more, they'll all try to get away from us, and of course we'll let them go", this time.
  6. jack404

    jack404 Former Guest

    Jan 11, 2010
    and whats obozo's background ??

    UN lawyer ... he wrote how to do all this tgom others now he's doing it to you
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