Let's see, and gold is exempt from Europe's VAT? Change to gold then to something else and avoid the tax?
Global taxation near
By Henry Lamb
© 1999 WorldNetDaily.com
Two primary targets are now in the cross hairs of the global tax-mongers: carbon and currency exchange. Carbon taxes are being designed to modify social behavior while the tax on currency exchange is designed to increase U.N. revenue from about $11 billion per year to $1.5 trillion per year.
A revenue stream, independent of the voluntary contributions of member states, is all that prevents the United Nations from imposing, and enforcing, its vision of global governance.
Momentum is building for global taxation schemes to provide that independent revenue stream.
More than two-thirds of the American people support the idea of a global tax on foreign currency exchange, and a whopping 79 percent want a global tax on carbon. These numbers were collected by the ATI Foundation, and reported by the Washington-based Commission to Fund the United Nations.
The numbers likely reflect the pollster's skill at asking misleading questions, rather than a true reflection of the American attitude toward global taxation. Nevertheless, support for various forms of global taxation is growing, pushed by well-funded organizations such as the Commission to Fund the United Nations; the United Nations Association U.S.A., Friends of the Earth; and a host of other environmental organizations.
Carbon taxes are being discussed and presented as "Environmental Tax Reform" (ETR) which means, simply, taxes on the use of fossil fuel, while providing subsidies for non-carbon energy sources. Interestingly, nuclear and hydro energy sources are excluded from consideration for subsidies even though both are non-carbon energy sources.
Carbon taxes are designed to force people, especially those heartless, greedy Americans, to reduce their consumption and live a simpler, slower, healthier, lifestyle. Bicycles and frequent brisk walks are in store for those lazy people who Al Gore describes as people who burn a gallon of gas to go buy a gallon of milk.
The taxes will be called anything but taxes, and imposed incrementally. User fees, permits, registration fees, externalities cost adjustments, are but a few of the terms used to disguise the carbon tax. Bunker fuels (airplane and steamship fuel) are likely to be an early victim. Air travel represents only 3 percent of transportation fuel use, but it is easily taxed and the tax is easy to hide from the consumer.
Virtually all resource use is subject to ETR. Fossil fuel use will lead the way, but logging, mining, ranching and even farming are the focus of Environmental Tax Reform. Very little of the revenues from ETR will go to the U.N. The real money prize lies in the tax on currency exchange.
Global currency exchange exceeds $1 trillion per day, compared to about $10 billion per day traded on all U.S. stock markets. Nobel economist, James Tobin, calculated that if 0.05 percent of this exchange were taken as a tax, it would produce about $1.5 trillion, more than enough to fund all the U.N.'s ambitious social and peace-keeping objectives. U.N. advocates have been working overtime to create the mechanisms necessary to impose such a tax. (cont)
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