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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 document gives other ideas for international taxes, including:Let’s close with some good news. Proposals for global taxation from the United Nations are so radical and so far from the mainstream that even the Obama Administration generally is opposed to these crack-pot ideas.
- – a tax of $25 per tonne on carbon dioxide emissions would raise about $250 billion. It could be collected by national governments, but allocated to international cooperation.
- – a tax of 0.005 percent on all currency transactions in the dollar, yen, euro and pound sterling could raise $40 billion a year.
- – taking a portion of a proposed European Union tax on financial transactions for international cooperation. The tax is expected to raise more than $70 billion a year.
…Without commenting on any of the individual taxes proposed, UN Secretary General Ban Ki-moon said that if the new “innovative financing” is to become viable, “strong international agreement is needed.”
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In his 2010
biography of Obama, “The Bridge: The Life and Rise of Barack Obama,” journalist
David Remnick states on pages 112-113 that Obama moved to New York City in the
summer of 1981 to co-occupy an apartment at 142 West 109th Street, off Amsterdam
Avenue, with Occidental friend Phil Boerner.[Obama] had received mostly A’s in his coursework during those two years, he said later, and finished with a 3.7 grade point average. Including his two years at Occidental, his college education had cost about fifty thousand dollars for the four years and was a family effort. About half came from scholarships and student loans, a bit from the off-the-books part-time summer jobs, and most of the rest from his grandmother, Tut, who had devoted part of her salary each year to his education.
There were reports of widespread brawling, vandalism, and weapons being brandished. Damage to local businesses exceeded $100,000.
Much of the violence was perpetrated by black men against white revelers, and about 70 people were reported injured. Several women were sexually assaulted. One person, Kris Kime, died of injuries sustained during an attempt to assist a woman being brutalized.
For the millions who saw the photos or video, those images burned into the retina: gangs of feral youth beating, kicking, and pummeling male and female victims.
In almost all of the violent images of that night on TV and in the daily news- papers, the attackers were black and the victims were white. Thanks to our local media, this is the idea of the 2001 Mardi Gras riots that most people carry with them. The poster victim of Fat Tuesday, Kris Kime, was also white, and police now say the suspects in his murder are black. The fallout from all this is that many people assume the attacks were racially motivated.
“Thai started visiting his neighbors, they had a lot to say, and soon he realized he was doing his own crime survey. Thai knocked on 49 doors. Thirty-two people were home. How many of them had been victims of a crime since moving to the neighborhood? All but three.Thai’s survey was unscientific, but it did cause residents to raise the question of whether crime is going unreported in the south end.
Many victims told Thai they’d never reported the crimes to police.
“It happens to them so often that after two or three times they stopped reporting because they didn’t see any progress,” said Thai.