Now EU Wants Global Transaction Tax To Fund More Bailouts
Posted by: Andrew Cheetham in Banking and the Money Scam, Big Brother, Climate and Weather Modification, Energy, Planetary Change and the Environment, Political Manipulation
On the heels of a similar proposal being pushed in Copenhagen in the name of fighting global warming, the European Union has asked the IMF to introduce a global tax on financial transactions in order to fund more bailouts – in other words, the globalists are devising yet more ways to plunder the taxpayer into servitude to the private banks that they own.
“The European Union increased pressure on the International Monetary Fund on Friday to consider a global tax on financial transactions to limit the risk of another economic crisis,” reports the London Telegraph.
The EU wants a “global financial transaction levy” in order to “fund future financial bailouts,” as British Prime Minister Gordon Brown called for during the G20.
This is nothing more than yet another veil for the global tobin tax that will be used to bankroll the system of world government that Brown, the EU and the IMF have incessantly called for and rapidly advanced on the back of the economic crisis.
Taxpayers in the European Union are already picking up the tab for the massive bailouts that have taken place over the past year in the form of higher taxes – now they are set to be financially raped further in the form of transaction taxes. Once the globalists get a foot in the door by taxing international transactions related to the financial industry, they will seek to expand the levy to cover all purchases. European citizens already pay such taxes domestically in the form of VAT (value added tax) on most purchases, which is set to revert back to 17.5 percent in the UK from January 1st.
So the globalists already take a huge chunk in tax from most purchases we make, they take another huge chunk in the form of higher taxes to pay for the bailouts that have already happened, and now they want to take another slice in the form of an international transaction tax – and this is before the raft of other taxes that are currently being readied in Copenhagen under the justification of the global warming fraud.
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