ACCURACY IN MEDIA'S KINCAID REVEALS STEALTHY PROPOSAL FOR $700…
March 11, 2010
Citing a 13-page trusted request from a magnanimous unfamiliar assist lobbying group, Accuracy in Media editor Cliff Kincaid is stating which general non-governmental organizations (NGOs) have been looking thoroughfare of a $700-billion-a-year tellurian tax.
Kincaid cites a memo from Max Lawson of a unfamiliar assist lobbying organisation Oxfam which says this is a biggest event in story to pass a tellurian taxation as well as which a monetary deduction from a U.S. as well as alternative "rich" nations can be funneled to a rest of a universe in a name of fighting meridian shift as well as poverty. "The time is now," Lawson says. "There is potentially copiousness of income here for all of a issues," he tells associate activists.
In a memo, which is being distributed to NGOs here as well as abroad, Lawson goes upon to outline a large broadside debate to move this about. He says a debate can already equate upon a await of magnanimous U.S. media organizations such as a New York Times.
Kincaid explains which a due taxation is being marketed as "the Robin Hood tax" in sequence to remonstrate people which it is someway written to take income divided from abounding people in sequence to assistance a poor. However, Kincaid says, "In reality, such a taxation upon tellurian monetary sell would start IRAs, Mutual Funds as well as pensions by fatiguing a sell of monetary transactions. It would palm over good sums of income to politicians in a name of bashing a large banks though typical Americans as well as their hold up assets would be hurt."
Kincaid's mainstay explains how await for a tax, upon a inhabitant as well as tellurian basis, is entrance from such total as House Speaker Nancy Pelosi, Rep. Peter DeFazio, as well as Senator Tom Harkin. But a debate to get it upheld upon a tellurian basement is depending upon one more await from a G8 as well as G20 groups of nations scheduled to encounter in Canada subsequent June.
Kincaid's column, "The Secret Plan to Pass a Global Tax," is accessible here:
http://www.aim.org/aim-column/the-secret-plan-to-pass-a-global-tax
Founded in 1969, Accuracy in Media is a oldest non-profit press watchdog organisation in America.
To prepare an talk with AIM editor Cliff Kincaid, hit Sarah Schaerr Norton during (202) 364-4401 ext. 107 or sarah.schaerr@aim.org.
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Citing a 13-page trusted request from a magnanimous unfamiliar assist lobbying group, Accuracy in Media editor Cliff Kincaid is stating which general non-governmental organizations (NGOs) have been looking thoroughfare of a $700-billion-a-year tellurian tax. Kincaid cites a memo from Max Lawson of a unfamiliar assist lobbying organisation Oxfam which says this is aComments
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