Maybe I’ve been living under a rock after all. The other day I listened to some of Joe Bobo’s ramblings. All of a sudden my ears perked up when he mumbled something about a Universal Minimum Tax. What the hell is that? My first thought was “This isn’t Bobo’s idea – his last best idea was to copy somebody else’s work and call it his own.” At least I was right on one thing… Joe Biden remains the world champion of unoriginal thoughts. Now about that Universal Minimum Tax.
First this from our own propaganda machine – VOANews.com – aka “The Voice of America”.
US Failure to Implement Global Minimum Tax Could Be Costly
135-country agreement
The global minimum tax is part of a larger international taxation framework developed under the auspices of the Organisation for Economic Cooperation and Development and the G-20 group of large economies
Okay, back up… what is this Organisation for Economic Co-operation and Development (or OECD)? As much as I hate to do this, I’ll use this from Wikipedia.
The Organisation for Economic Co-operation and Development is an intergovernmental organisation with 38 member countries, founded in 1961 to stimulate economic progress and world trade.
Like I was saying, I guess I’ve been living under a rock. This organization has been in existence for almost my entire life but this is the first I’ve heard of it. And now they want a 15% cut from all the corporations on the planet? Uhhhh, no. I have lots and lots of problems with this entire idea.
First and foremost… who died and made them the boss of me? More succinctly – by what authority do these bozos think they have any claim to anybody’s money? I don’t give a hoot about what “countries” agreed to this crap, it is far and above any Constitution authority in these United States so bug off buds.
But… you say, they only want to tax corporations. Big deal! Yes. It is a big deal. Let me count the ways.
Number one: corporations DO NOT pay taxes! Corporate taxes are taken from revenues. Revenues generated by sales to customers. Corporations do not pay taxes – their customers pay those taxes. That means you and I pay those taxes. It is a sneaky roundabout way of extracting more money from citizens’ pockets but that is what is is.
Number two (and this is a BIGGIE!): Guess how the IRS slithered their way into our pockets? Yep. Income tax was passed to ostensibly ONLY take a portion of profits from business ventures. At the time the politicians swore (on their sainted mothers’ graves if push came to shove, I’m sure) up and down the government would never, every take one thin time directly from citizens. How’s that working out for us?
It should be obvious to anyone with more than three functioning brain cells that this entire scheme is yet another way for the globalists to redistribute wealth. Of course they do all this in the name of “equality” and “compassion” but it will end up lining the pockets of politicians and their friends and handlers. At least, at first. Later on things will get worse, much worse. How? They will utilize the tried and true “carrot and stick” approach to get others to do anything the globalists desire. Here’s how it works.
Here in the US, they used this quite successfully to raise the legal drinking age nationally to 21. It was easy peasy. First the feds got the states hooked on federal highway funds. You should note that our Constitution in no way authorizes the federal government to extract money from citizens and redistribute this money to the states for any purpose. Of course, this has never stopped them before or since. So when some Grand Poobahs decided it was a good idea for all citizens of legal age but under age 21 to be prevented from drinking alcohol (yet another entirely unconstitutional precept) they made it known that unless states bowed to their decree, they would not get federal highway funds. So now a citizen who otherwise enjoys every other right imbued to citizens who have reached majority age, cannot legally obtain alcoholic beverages in any state in the union.
It is easy to see a grand plan here. Take money from citizens from around the world by stealth, using corporate profits as a shield, and use that cash to gain the cooperation of any nation they choose. While it doesn’t sound like much on the surface, this con game will amount to trillions of dollars and the OECD would fast become more powerful that the United Nations. Of course the potential for abuse is equally enormous.
The authority to tax has always been a function of government entities. This has long been acknowledged as the basic right of a government. It is an aberration really, for any government to concede such a right to a non-government entity. What are the implications? As I said above, the first implication is such an entity can use their redistribution abilities to bend nations to their will. How far can they take this? As with the drinking age example, up to and including demanding legislation, even if the proposed laws flies in the face of the law of the land. In short, I see this as a pathway to a one world government. Even more startling, it could be established with absolutely no official formulative documentation other than those similar to the obscure paperwork already in place.
It does not have to be the OECD or the UN or any entity currently in place. The camel’s nose is already under the tent. One could say that first camel has been joined by a herd of camels and they are all eyeing the tent. How far these schemes have advanced is not the issue. What we, as citizens of whatever nation we are, need to nix this idea. For my fellow US citizens, this is crucial. More than any other nation, we have the innate authority to veto this entire concept and veto it we must.