United Nations Pursues 35 Cents Per Gallon Global Tax on Gas to Generate $750 Billion Per Year

In the United Nations-sponsored book, New Sources of Development Finance, 1 published just last year, Professor Agnar Sandmo wrote sympathetically about proposals for global taxes on the price of gas, ranging from 4.8 cents to 35 cents per U.S. gallon. He said the revenue to be generated from a global tax on gas or carbon emissions ranges from $130 billion to $750 billion per year. The purpose of the tax is to increase spending on foreign aid or “development assistance” in order to meet the so-called Millennium Development Goals (MDGs) set forth by the United Nations for the U.S. and other countries. full story

Global Taxes Are Back, Watch Your Wallet

Like a bad sequel to a rotten horror movie, the debate over global taxation once again is rearing its ugly head — courtesy of the United Nations. And, despite lacking the requisite hockey mask and chain saw, the seemingly countless proposals for the imposition of global taxes are truly terrifying.

In July, Inter Presse news service reported that a top U.N. official was preparing a new study that will outline numerous global tax proposals to be considered by the General Assembly at its September meeting. The proposals will likely include everything from global taxes on e-mails and Internet use to a global gas tax and levies on airline travel. If adopted, American taxpayers could wind up paying hundreds of billions of dollars each year to the United Nations. full story