Just another reason we should send the UN packing! Only the Congress has the power to tax US citizens, unless some one cedes more of our sovereignty to this corrupt organization. That some one, of course, would be Obama. He has a habit of kowtowing to the UN, just look at that small arms treaty he supports, that would effectively render our Second Amendment null and void.
This is another power grab by the UN to redistribute wealth. Among the taxes they are mulling are a 1% tax on billionaires, atax on all currency trading in the U.S. dollar, the euro, the Japanese yen and the British pound sterling, (note the absence of the ruble and yuan), another “tiny” tax on all financial transactions, including stock and bond trading, and trading in financial derivatives, new taxes on carbon emissions and on airline tickets and a royalty on all undersea mineral resources extracted more than 100 miles offshore of any nation’s territory.
We are looking at the transfer of hundreds of billion dollars and maybe even trillions to the UN for them to use as they see fit. More important;y, we are looking at losing more of our sovereignty to the UN! This must not be allowed to happen.