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The United Nations, as nice as they are, just want to tax the evil corporate giants who polluted the world. What teenage doting girlie would not be happy with that? (What communist sympathizer could say "no"?) I mean, wouldn't we all want a wealth tax on the uber rich to help stop storms and droughts and prevent obesity in polar bears? And wouldn't we all want that money to go to an unelected, unaudited committee in Geneva?
In reality, of course, the UN dreams of taxing the likes of Shell and Exxon in order to … get back the money Donald Trump took away. But they can't just ask the hardworking middle class of America to pay the UN directly, especially when they voted for Donald Trump. Instead they tax the big companies, and hope no one notices that Big Oil will just recover the costs by raising the price of oil and gas. Where do they think the money will come from?
The bill will be paid by pension funds and shareholders who lose profits, grandmas who want to heat their homes, and mums and dads filling up cars and buying frozen peas. Everything will cost more and a few cents of everything will go to the UN.
Fossil fuel firms may have to pay for climate damage under proposed UN tax
Framework Convention on International Tax Cooperation could also force ultra-rich to pay global wealth tax
by Fiona Harvey and Heather Stewart, The Guardian (of The Blob)
Fossil fuel companies could be forced to pay some of the price of their damage to the climate, and the ultra-rich subjected to a global wealth tax, if new tax rules are agreed under the UN.
Negotiations on a planned global tax treaty will resume at the UN headquarters in New York on Monday, with dozens of countries supporting stronger rules that would make polluters pay for the impact of their activities.
But developing countries are worried the current draft of the proposals is too weak,…
Dozens of third world countries support stronger rules because the UN will have more cash to buy their votes with.
It's a rush, even though the cost of natural disasters has been falling for a century. Hurry, hurry!
Negotiating the convention, which could be adopted as soon as the end of next year if countries can iron out details, was now urgent, she added, as more countries were afflicted by climate-related disasters. "This [tax] is critical for domestic resource mobilisation so that countries can sustainably rebuild and become resilient to increasingly devastating climate impacts, rather than become more dependent on borrowing and debt," she told the Guardian. "There can be no sustainability without dealing with climate change in the way we design our global tax rules."