Thread: Progressives Back Obama Push for Global Tax

The progressives know that such a rate could be ratcheted up quickly, bringing in hundreds of billions or trillions of dollars

Progressives Back Obama Push for Global Tax

By Cliff Kincaid
Tuesday, October 6, 2009

While policymakers debate a few million dollars for ACORN and a few hundred billion dollars more for health care reform, those committed to one-world government are moving ahead with plans for a global tax that could extract trillions of dollars out of Americans’ already depleted IRAs and stock holdings.

One can’t exclude the possibility of such a tax being slipped into a health care or cap-and-trade bill that the Congress or the public could not have time to read before passage.

Bob Davis of the Wall Street Journal deserves a journalism prize for taking the time to read the recent communiqué issued by the G-20 countries meeting in Pittsburgh. He found they had assigned the International Monetary Fund (IMF) the job of studying how to implement a global tax on America and the rest of the world.

“The IMF assignment from the G-20 has been widely overlooked,â€

I warned you guys about this over a year ago! See:

What`s your take on Obama’s $845 BILLION Global Poverty Act?


The bill would require our president "to develop and implement a comprehensive strategy to further the U.S. foreign policy objective of promoting the reduction of global poverty, the elimination of extreme global poverty and the achievement of the Millennium Development Goal of reducing by one-half the proportion of people worldwide, between 1990 and 2015, who live on less than $1 per day."

The bill would commit U.S. taxpayers to spend 0.7% of our gross domestic product on foreign handouts above what we already contribute around the globe.

NOTE:
This figure of 0.7% was codifed in a United Nations General Assembly Resolution and states:

In recognition of the special importance of the role which can be fulfilled only by official development assistance, a major part of financial resource transfers to the developing countries should be provided in the form of official development assistance. Each economically advanced country will progressively increase its official development assistance to the developing countries and will exert its best efforts to reach a minimum net amount of 0.7 per cent of its gross national product at market prices by the middle of the Decade

But the real frightening part of the bill is its "Millennium Development Goal" which is also mentioned in a declaration adopted by the United Nations Millennium Assembly and Summit in 2000 that called for the "eradication of poverty" by "redistribution (of) wealth and land," cancellation of "the debts of developing countries" and "a fair distribution of the earth's resources" i.e. from each [meaning the U.S. Taxpayer] according to their means, to each [meaning the rest of the world] according to their needs.

Keep in mind this is Obama’s plan, and it would enslave the American Taxpayer to third world nations, and it is also supported by his running mate Biden! Do we really want these World Class Marxists in charge of our government?

Calendar No. 718
110th CONGRESS
2d Session
S. 2433


[Report No. 110-331]
To require the President to develop and implement a comprehensive strategy to further the United States foreign policy objective of promoting the reduction of global poverty, the elimination of extreme global poverty, and the achievement of the Millennium Development Goal of reducing by one-half the proportion of people worldwide, between 1990 and 2015, who live on less than $1 per day.


IN THE SENATE OF THE UNITED STATES

December 7, 2007


Mr. OBAMA(for himself, Mr. HAGEL, and Ms. CANTWELL, Mrs. FEINSTEIN, Mr. LUGAR, Mr. DURBIN, Mr. MENENDEZ,Mr. BIDEN, Mr. DODD, Mr. FEINGOLD, Ms. SNOWE, Mrs. MURRAY, Mr. HARKIN, Mr. JOHNSON, Mr. SMITH, and Mr. KERRY) introduced the following bill; which was read twice and referred to the Committee on Foreign Relations (View The Full Text Here)

WAKE UP AMERICA! This is not the change we want.

JWK



If we can make 51 percent of America’s population dependent upon a federal government check, we can then buy their vote, keep ourselves in power and keep the remaining portion of America’s working population enslaved to pay the bills ____ our Marxist Democrat Party’s game plan, a plan to establish a federal plantation on American soil and send its wealth abroad.