Posted on 11/07/2010 9:43:36 PM PST by 2ndDivisionVet
Some 183 organisations from 42 countries have come together to issue a plea to world leaders to impose a tax on financial transactions to help meet the costs of the economic crisis.
The group is the largest coalition yet to demand that a tax is levied on international financial transactions.
Members include Britain's Robin Hood Tax campaign, supported by the TUC, Friends of the Earth and ActionAid.
Their plea comes ahead of the summit of leaders of G20 economic powers in the South Korean capital Seoul on November 11-12.
The issue of measures needed to stabilise the world economy and boost the global recovery are set to be discussed.
Today's letter is addressed to G20 leaders including Prime Minister David Cameron and US President Barack Obama, and is signed by development, health, education and environmental charities and unions from 16 of the G20 countries.
They argue that a financial tax would help meet the costs "of the global financial and economic crisis, including reducing the unacceptably high rate of job loss, and achieve key development, health, education and climate change objectives in developing countries".
TUC general secretary Brendan Barber said: "Governments around the world are embarking on a sweeping programme of austerity measures that will lead to huge job losses and cuts in services that the most vulnerable in society rely upon....
(Excerpt) Read more at news.sky.com ...
I agree. It’s now up to the richest nation on earth China to take up the slack. Let’s see how they like it.
In principle its a good idea. The fact is, the deficit has to be paid off, because the only alternatives are hyperinflation and/or bankruptcy. Its as simple as that.
However, would the government repeal the tax as soon as the deficit was paid before revising the monetary system to go back on a new gold standard? I suspect not...
In principle its a good idea. The fact is, the deficit has to be paid off, because the only alternatives are hyperinflation and/or bankruptcy. Its as simple as that.
However, would the government repeal the tax as soon as the deficit was paid before revising the monetary system to go back on a new gold standard? I suspect not...
Careful for what you require, as the US is now China's slack.
Umm, NO, not only NO but HEL1 NO !
A ‘Tax-Cut Denier’: mostly Democrats and their constituents who will not recognize that no matter what the tax rate, the Government will only collect an average of about 18% of the GDP,
thus, low tax rates will generate more jobs than high tax rates.-
The worst about a ‘Tax-Cut Denier’ is they deny Americans a job and a good economy while implementing their social engineering agenda.
Your usual Leftist NGOs seeking to capture money transfers offshore to “spread the wealth around.”
They are transparent, aren’t they now?
Reality is an absolute, existence is an absolute, a speck of dust is an absolute and so is a human life. Whether you live or die is an absolute. Whether you have a piece of bread or not, is an absolute. Whether you eat your bread or see it vanish into a looter’s stomach, is an absolute.
....won’t fund the global warming crowd anymore....let’s tax em.
you left out ‘to first take their 5% or 10% cut and then spread the wealth around’
He also robbed the rich to give to the poor.
So does the spawn of Karl Marx
The environmental movement is now the home of and the front for world-wide marxism, communism and socialism.
The environmarxists are the prime perps in the concerted effort urging "G20 leaders to back the 'Robin Hood' tax".
Dig into the background of any and all globalistic 'Robin Hood' initiatives and you'll see they're riddled with marxist environmentalists, ecologists, academics and new-age faux scientists...not to mention shadowy financiers like Soros and demented political opportunists like AlGore.
Leni
“He also robbed the rich to give to the poor.”
Actually, Robin Hood fought against the rich....who had become wealthy robbing and overtaxing the poor. A case could then be made that Robin Hood fought against the corruption of the “government” of that time and place.
Poor Robin Hood. Everybody seems to be using and abusing his image for the wrong reasons.
When Marxists use the name of Robin Hood....it is only to try to give a good image to what they are actually doing....which is definitely NOT GOOD.
Welcome to another step to one world government. One world currency. One world under the antichrist. If nonbelievers cannot see this, I suggest you read the books of Daniel and Revelation. These times are clearly spoken about. If you do not have any faith in Christ, this might be a good time to start investigating one. We are living in the end times. We are clearly in those days. Will it be today, next week or year(s) before the Lord comes back, only the Father knows. But we are getting there.
Didn’t congress float a similar bill earlier this bill or is it included in the finreg law?
I remember hearing something about a 1% tax on all transactions.
Soon & very soon.
Don’t be so quick to lay all the blame on Britain. Look who is working behind the curtain in the U.S.:
TUC:http://www.tuc.org.uk/international/tuc-18783-f0.cfm
TO:
IPS:trustees:
Harriet Barlow · Harry Belafonte · Robert L. Borosage · Elsbeth Bothe · John Cavanagh · James Early · Barbara Ehrenreich · Ralph Estes · Jodie Evans · Frances Farenthold · Lisa Fuentes · Larry Janss · Saul Landau · Nancy Lewis · E. Ethelbert Miller · Marcus Raskin · Andy Shallal · Lewis Steel · Katrina vanden Heuvel · Daphne Wysham
JODIE EVANS!!!
And sometimes, they need to be killed some more.
“They argue that a financial tax would help meet the costs “of the global financial and economic crisis, including reducing the unacceptably high rate of job loss, and achieve key development, health, education and climate change objectives in developing countries”.
I see nothing in the intent for the tax involving deficit reduction. It is intended to shore up any special interest group whose draw on the public funds might be threatened. Until spending is under control, throwing more money at the spendthrifts and grievance groups solves nothing, indeed only postpones the day of reckoning.
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