Posted on 02/13/2012 12:51:04 PM PST by Sub-Driver
White House Economic Adviser: 'We Need a Global Minimum Tax' Daniel Halper February 13, 2012 2:41 PM
Gene Sperling, director of the White House's national economic council, said today at an official meeting that "we need a global minimum tax":
“He supports corporate tax reform that would reduce expenditures and loopholes, lower rates for people investing and creating jobs in the U.S., due so further for manufacturing, and that we need to, as we have the Buffett Rule and the individual tax reform, we need a global minimum tax so that people have the assurance that nobody is escaping doing their fair share as part of a race to the bottom or having our tax code actually subsidized and facilitate people moving their funds to tax havens," Sperling said.
The White House adviser then said that more details would be forthcoming, though "not in gory detail."
"But we will say more, perhaps not in gory detail, but in more detail, before the end of the month. And in terms of the revenues, the president is looking for shared sacrifice. This budget is a Democratic budget that has savings in Medicaid, it has savings from new beneficiaries, Medicare in 2017, it has agriculture civilian retirement savings. It has a lot of very tough choices."
How about first defining a maximum limit on spending?
These people are insane
Next up, One World Government. Hang tight while the liberals get that finalized.
Here’s what I think. I think those who have the honor of serving the public should automatically have the honor, nay the privilege of paying the highest tax rate available, regardless of what their income. On every dollar they take in, no matter how it comes to them. That way we know they have lots of skin in the game. That’s what I think. Let’s keep them honest and let’s keep them from thinking very long and hard about class warfare, shall we?
I agree. All state tax, sales tax, payroll tax and any other tax goes away.
There is only a consumption tax of 5% and it never is to be exceeded without 70% of the worlds population voting on it.
All the taxes come into a central account that I will manage and distribute it.
Perhaps we can test the concept on the 47% of Americans that pay NO income tax. We could consider it their “fair share” of the “shared sacrifice”.
We need to be free of government.
That is all.
How about a 10% pay cut for all Federal employees?
Better still, a 10% cut off the amount of every single check the Federal Government writes?
Then I'll believe your "shared sacrifice" BS, Zero.
Not just insane, criminally insane.
Globalists = Corporatists = Traitors
...”we need a global minimum tax”...
Key word there is global.
It is all about money, power, and who will eventually wield both.
Here, used by the Obama administration, it means Global Social Justice. Basically it is Communism all grown-up and combined with the quest for an Islamic Caliphate. The United Nations, dominated by Muslim nations today, will be the vehicle used to grind everyone under.
BHO2 is the movement’s puppet. Leo Gerard, the Canadian communist who heads up the United Steel Workers union, is one of the puppet masters and together are the driving force behind this group as it stands now.
U.S. Conservatives must elect the the right champion for the American people in this forthcoming election or face certain extinction.
Better yet, how about a repeal of the 16th amendment?
Darn, now I'm on one of Napolitano's watch lists...Oh woe is me...
Just defund the SOBs, no one needed millions of minions to "eat out our substance" as Madison and Jefferson put it...
"Just listen to any prophet and if you hear him speak of sacrifice run. Run faster than from a plague. It stands to reason that where theres sacrifice, theres someone collecting sacrificial offerings. Where theres service, theres someone being served. The man who speaks to you of sacrifice, speaks of slaves and masters. And intends to be the master. But if you ever hear a man telling you that you must be happy, that its your natural right, that your first duty is to yourself that will be the man who has nothing to gain from you. But let him come and youll scream your empty heads off, howling that hes a selfish monster. So the racket is safe for many, many centuries." - Ayn Rand
Gotta fund the NWO before it gets started.
Let’s talk about Global Minimum Work.
He needs a swift kick in the pants and his boss needs to be fired!
Can’t go away fast enough.
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