Is Global Taxation on the Horizon?

February 3, 2009Allen Frederick

According to Cliff Kincaid, president of America’s Survival, recently confirmed U.S. Treasury Secretary Timothy Geithner is being urged to lay the foundation for “global governance” by considering “international taxation” measures to loot more money from U.S. taxpayers.

Kincaid says the idea of a global IRS was included in the report The Global Agenda 2009, which was discussed at the recently concluded World Economic Forum in Davos.

Kincaid points out that The Global Agenda 2009 report argues “sovereign states do not adequately address problems reaching across borders” and that “international taxation” may be needed to generate “the additional resources” for global governance.