UN Billionaire Tax Hits Daylight: Taxing Skies, Oceans, Currency, Fuels, Electromagnetic Specturm

Brought out of the dark depths of the United Nations Millenium Development Goal (UNMDG), the call is out for a billionaire’s tax. It’s been on paper for years now, but few believe it.

The United Nations on Thursday called for a tax on billionaires to help raise more than $400 billion a year for poor countries.

An annual lump sum payment by the super-rich is one of a host of measures including a tax on carbon dioxide emissions, currency exchanges or financial transactions proposed in a UN report that accuses wealthy nations of breaking promises to step up aid for the less fortunate. …

There are an estimated 425 billionaires in the United States, 315 in the Asia-Pacific region, 310 in Europe, 90 in other North and South American countries and 86 in Africa and the Middle East. Source: Washington Times...............