Just when you thought the debt issue had reached its peak, the United Nations has come knocking on the door with their hand out. In their newly released 2012 World Economic & Social Survey, the UN announces that they have a large funding need, and they have no shortage of ideas on how to take it from you fundraise in order to fill their gaps. Don’t worry, the world is good for it – everyone can just issue more debt to be purchased by their banks, who can in turn use that as collateral for a loan from their central bank, etc. After all, isn’t socialism, forced wealth redistribution, being helpful to others just the right thing to do?
Among their very best ideas:
- A Carbon Tax Proposal that would yield ~$250bn per annum
- A Currency Transaction Tax that would yield ~$40bn per annum
- A Financial Transaction Tax that would yield ~$15-$75bn per annum
- An International Billionaire’s Tax (sound familiar?) that would yield ~$40-$50bn per annum