International Liberty

Given the kleptocratic nature of international bureaucracies (particularly my good buddies at the Paris-based Organization for Economic Cooperation and Development), I’m never surprised when a bad proposal is unveiled.

And since the United Nations has a long track record of supporting global taxation (with the money going to the U.N., of course), I’m even less surprised when that crowd produces another idea for fleecing people in the productive sector of the economy.

Here are some excerpts from a Yahoo report.

The United Nations on Thursday called for a tax on billionaires to help raise more than $400 billion a year for poor countries. An annual lump sum payment by the super-rich is one of a host of measures including a tax on carbon dioxide emissions, currency exchanges or financial transactions proposed in a UN report that accuses wealthy nations of breaking promises to step up aid for the…

View original post 454 more words

Comments are closed.

%d bloggers like this: