It must be exhausting…
UN Committee of Experts on International Cooperation in Tax Matters. Not for the first time, the United Nations is trying to fill their coffers with funds gained from something other than membership dues.
By the way, you might want to know that the United States pays 25 percent of the UN’s budget, even though the US only has one vote. Nations as small as Belize, Liechtenstein, and Micronesia can cancel out the US in any vote in the General Assembly.
But back to the topic at hand. Possibly proving that truth is stranger than fiction, there really is something called the United Nations Committee of Experts on International Cooperation in Tax Matters. Seriously.
From the looks of it, the UN is (yet again) attempting to conjure up more schemes to tax the world. Thankfully, we have Donald Trump in our corner.
As reported by Morgan Phillips of Fox News (highlights mine);
After a U.S.-led campaign, the United Nations has postponed a vote on a proposal to impose the world’s first global carbon tax on shipping, delaying the decision by one year.
The rule was expected to come up for a vote this week as part of the U.N. International Maritime Organization’s (IMO) “Net-Zero Framework.” But a majority of member nations voted to defer it after failing to reach consensus amid U.S. opposition.
Backed by the European Union and Brazil, the plan seeks to raise billions from carriers that exceed new emissions limits, channeling the revenue toward climate adaptation and clean-fuel projects in developing nations.
Washington and Riyadh led the opposition. Saudi Arabia introduced a motion Friday to delay discussions for one year, which passed with 57 countries in favor and 49 opposed.
The Trump administration came out forcefully against the measure this week, calling it an “unconstitutional global tax” that would drive up energy and consumer prices. In a series of statements, President Donald Trump, Secretary of State Marco Rubio, and U.S. ambassador to the U.N. Mike Waltz vowed that the United States would vote a “hard no” when delegates meet in London on Friday and urged allies to do the same.
