Does Obama Want a Trillion-Dollar Global Tax?

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Taxes

I guess it's wrong to think that this country is run by "We the People". We absolutely have no say in what goes on or where our money goes. They make up a tax and we have no choice but to pay it and if we don't like it and don't want to pay we will be in big trouble. That really SUCKS!! But at least we can say outloud that we don't like it and not disappear never to be seen again.

M-B of PA @ May 04, 2009 12:46:24 PM

Bria Lawson

I love the things Barack Obama has to offer us. I feel he is the best person anyone could choose to run th United States. I fully support what he is trying to do for our country.

Bria Lawson of MO @ Oct 27, 2008 10:49:40 AM

Josh- then stop taxing the entrepreneurs!

"Could have been used to build economies in the Thirdworld..and if done right, would not empower dictators. -->Like that one charity that makes microloans to women..Entrenpreneurs build economies."

Here's an idea- instead of spending a trillion US taxpayer dollars on "global development programs", why don't you reduce the taxes on entrepreneurial activity on a global level?

Dave of VA @ Sep 22, 2008 14:54:03 PM

Obama sucks

Isn't Obama a constitutional attourney? Shouldn't he know that it's unconstitutional to steal our money through taxation and send it overseas. That should be our decision, not his.

DK of AK @ Sep 14, 2008 20:21:48 PM

Obama CFR. I don't think so. Hey, I don't like McCain either.

How can you sheeple vote for a guy who wants to give the U.N. more power, install a global tax, and is a member of the CFR. The same CFR who's members have quoted the following:

"We shall have world government whether or not we like it. The only question is whether or not we like it. The only question is whether world government will be achieved by conquest or consent.   -Paul Warburg quote appearing before the senate on 2/7/1950. Paul was a member of the CFR and advocate of the federal reserve.

"The [Council on Foreign Relations] grew out of the Inquiry, a secretive group of well-educated bankers and lawyers who accompanied Woodrow Wilson to the Paris Peace Conference of 1919. The council saw [as] its mandate the calling of signals from the sidelines.... [T]he [elites] govern, while the lowly men of elective office...dirty their hands with politics... The international institutions conceived in 1945 -- the UN, the World Bank, and the International Monetary Fund -- were anticipated in studies done at the council."
-New York Magazine, Oct. 7, 1996

"...This regionalization is in keeping with the Tri-Lateral Plan which calls for a gradual convergence of East and West, ultimately leading toward the goal of "one world government.'...National sovereignty is no longer a viable concept..."
-Zbigniew Brzezinski, National Security Advisor to President Jimmy 
Carter.

"Whatever the price of the Chinese Revolution (55 million deaths), it has obviously succeeded not only in producing more efficient and dedicated administration, but also in fostering high morale and community of purpose.... The social experiment in China under Chairman Mao's leadership is one of the most important and successful in human history."
-David Rockefeller, CFR 1973

"Since I entered politics, I have chiefly had men's views confided to me privately. Some of the biggest men in the United States, in the field of commerce and manufacture are afraid of something. They know that there is a power somewhere so organized, so subtle, so watchful, so interlocked, so complete, so persvasive, that they better not speak above their breath when they speak in condemnation of it." -President Woodrow Wilson quote from 1913

"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. The one aim of these financiers is world control by the creation of inextinguishable debts." - Henry Ford

We are grateful to the Washington Post, The New York Times, Time Magazine and other great publications whose directors have attended our meetings and respected their promises of discretion for almost forty years. It would have been impossible for us to develop our plans for the world if we had been subject to the bright lights of publicity during those years. But the work is now much more sophisticated and pre

DK of TN @ Sep 14, 2008 20:16:48 PM

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aref ahmed sharaf eldin of NY @ Sep 03, 2008 20:06:10 PM

global tax

If Obama is really concerned about poverty, why does he not care for his 1/2 brother who lives on $1.00 a month? Charity begins at home. It's not in his heart, its a polital tool to get in the world's political limelight.

jimmylegs of FL @ Aug 26, 2008 14:46:44 PM

Why does creative thinking freak people out so much!

OMG Obama is willing to think and talk about creative solutions! I thought he was only telling people what they want to hear to get elected?? HMMM - what creative solutions has McCain offered for the economy. (Oh yeah, lets subsidize the oil companies some more so you can have cheaper gas and perpetuate the problem).

tina lewis of TX @ Aug 11, 2008 10:07:33 AM

Global Poverty Act

Anyone considering voting for this blithering idiot better first have a clear understanding what he actually stands for. Obama's statement in Berlin that he was "a citizen of the World" was NOT idle chatter.

Obama's $845 billion U.N. plan forwarded to U.S. Senate floor

'Global Poverty Act' to cost each citizen $2,500 or more!

the over-arching plan includes the ideals of consolidating all international agencies under the U.N., regulation by the U.N. of all corporate environmental issues, license fees charged by the U.N. to use air, water and natural resources, a restructuring that would give hand-picked non-governmental organizations huge influence, authorize a standing U.N. army and require registration of all arms.

The bottom-line message:

The more support a candidate inspires abroad, the less Americans can trust him to defend their own national interests.

Warlock of TX @ Aug 09, 2008 00:05:17 AM

For the love of God...

...if you're going to report on this, will you do so responsibly? Virtually none of the above is true. It's easily fact checked. As the bill looks like it's coming up for a vote in the Senate, I'll give you a few leads:

"What this bill would do, in short, is commit the United States to the U.N. declared goal that industrialized countries should spend 0.7 percent a year of their gross domestic product on foreign aid."

FALSE - it would do nothing of the sort.

You quote Sachs: "We will need, in the end, to put real resources in support of our hopes. A global tax on carbon-emitting fossil fuels might be the way to begin."

SO? This idea of Sachs's is not part of the bill in any way.

Obama "perhaps wants to tack on another trillion dollars in taxes to pay for dramatically increased foreign aid."

FALSE - not part of the bill.

All the bill does is require the executive branch to make sure part of our foreign assistance is used to further the goal of reducing by half the number of people living on less than $1/day by 2015. The bill has no sway on funding levels whatsoever - it neither authorizes nor appropriates funding. It calls on Congress to increase foreign assistance "as appropriate," which could mean none at all.

According to the Congressional Budget Office assessment of the bill: "Based on information from the State Department, CBO estimates that implementing S. 2433 would cost less than $1 million per year, assuming the availability of appropriated funds. Enacting the bill would not affect direct spending or receipts."

PJ of DC @ Jul 30, 2008 12:32:26 PM

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Capital Commerce

U.S. News business reporter Matthew Bandyk examines the issues, people, and debates that shape the nexus of political and economic life in the nation's capital.

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