“UN calls for ‘billionaires tax’ to help world’s poor”
The private wealth of individuals should be legally available to those who, while they’re stealing it, agree to mean well:
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 annual World Economic and Social Survey says it is critical to find new ways to help the world’s poor as pledged cash fails to flow.
The report estimates that the number of people around the globe worth at least $1 billion rose to 1,226 in 2012.
There are an estimated 425 billionaires in the United States, 315 in the Asia-Pacific region, 310 in Europe, 90 in other North and South American countries and 86 in Africa and the Middle East.
Together they own an estimated $4.6 trillion so a one percent tax on their wealth would raise more than $46 billion, according to the report.
“Would this hurt them?” it questioned.
Why of course it wouldn’t. After all, who are they to decide what it is they do with the money they’ve earned. That’s the kind of decision that should be left up to those who would spend that money for the Greater Good — seizing it, taking their administrative cut, then redistributing it to its various bureaucratic arms, who will take their administrative cut before sending it on to the next agency in charge of redistributing it to the poor, who have every right to it, wealth being a finite thing, and those who have it morally compelled to answer to the dictates of an unelected world body who has decided it has every right to steal the property of others by way of a tax it will deem moral.
The rich are not to be emulated. They are to be punished for not doing with their money what others who don’t have that money want done with it. Because they know best. By dint of not having that money. And so are free to wear the mantle of poverty-fighters without really having to worry about losing anything of their own. In fact, they’ll feather their nests a bit by way of administrative fees and high salaries and benefits, etc. Because let’s face it: fighting poverty is a tough job, a moral job, and those who do it deserve a little bit of luxury for helping out the poor. With other people’s money.
The idea could appeal to the likes of Warren Buffett, the US tycoon who has complained that he pays a lower tax rate than his secretary. France’s new Socialist government has caused consternation by vowing a 75 percent tax on salaries above one million euros ($1.24 million).
But the UN acknowledged that the idea is unlikely to get widespread support from the target group, saying that for now its tax on the unimaginably wealthy remains “an intriguing possibility.”
Yes. Wielding unbridled power — answerable, really, to no one, your being the world government and all — is certainly “intriguing,” isn’t it? Though first we’ll have to further demonize and weaken the antiquated notions of national sovereignty and arbitrary borders. Otherwise, how is a world leader supposed to get his most effective moral tyranny on?