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Article posted Jul 06 2012, 2:42 AM Category: Geopolitics Source: AFP Print

UN calls for 'billionaires tax' to help world's poor

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.

The annual World Economic and Social Survey says it is critical to find new ways to help the world's poor as pledged cash fails to flow.

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Comments 1 - 2 of 2 Add Comment Page 1 of 1

Posted: Jul 06 2012, 9:59 AM

This is the same ploy they used back in 1913....

Tax the rich....
So of course everyone voted for it....

But the rich had ways to hide their money,
they could afford to find the legal loopholes,

so guess who got stuck with paying the majority of the taxes?

History just keeps repeating itself.


Posted: Jul 06 2012, 11:48 AM

72223 Hi hi hi hi hi
What's that? Who's driving?
Where we goin'? Who knows?
I- We come to take you home How many people do you think I am
Pretend I am somebody else
You can pretend I'm and old billionaire
A billionaire washing his hands
Rattle the bones, dreams that stick out
A medical chart on the wall
Soft violence and hands touch your throat
Ev'ryone wants to explode

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