Tuesday, December 6, 2011

Taxpayer Alert: Obama Reportedly Will Support Taxes on Americans to Fund UN’s Green Climate Fund




New post on Scotty Starnes's Blog

Taxpayer Alert: Obama Reportedly Will Support Taxes on Americans to Fund UN's Green Climate Fund

by Scotty Starnes

Well, he did tell Joe the Plumber that he would redistribute people's wealth.

From Beltway Confidential:

President Obama's team of negotiators at the United Nations Climate Change Conference may agree to a tax on foreign currency transactions, designed to pay for a "Green Climate Fund," that would fall disproportionately on American travellers and businesses, according to a group attending the conference that is skeptical of the UN position on global warming.

Negotiators at the conference are considering "a new tax on every foreign currency transaction in the world," according to the Center for a Constructive Alternative (CFACT). "Every time you travel abroad, you'll have to pay a climate tax," explains CFACT, the group that released the "Climategate" emails. "More importantly, every time we import goods, every time we export our fine products (think jobs) we will do so with a climate tax skimming off the top."

European countries would evade much of the tax burden, however, because "transactions within the Eurozone won't have to pay this new tax."

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