Global Transactation tax on the agenda will further push the cashless system.

Run_to_da_hills

In another scam parallel to that of the Global Warming Tax, The EU is now pushing for a "Global transaction tax" that would help fund up more bail outs and prevent another financial crisis. :rolleyes:

The European Council encourages the IMF to consider the full range of options including insurance fees, resolution funds, contingent capital arrangements and a global financial transaction levy in its review."

The globalists already take a huge chunk in tax from most purchases we make, they take another huge chunk in the form of higher taxes to pay for the bailouts that have already happened, Global Carbon tax and now they want to take another slice in the form of an international transaction tax

It is impossible to Levi a transaction tax on personal cash transaction so it it will be in the interest of the powers that be to eliminate cash from society and usher in the full blown EFT system.

This is already beginning to take off through the increasing usage of smart cards, NFC Phones, laser cards and on line purchases.

This Global Transaction Levi is the scary one, As we push further down the dark road towards a full blown EFT system our every day transactions will become more transparent. :eek:



Higher taxes means people with less money being forced to get into more debt to the same private banks that will benefit from the transaction tax!

Fatcats that got bailed out with tax payers money will become fatter! :mad:

As our disposable income shrinks into the hands of an unelected shower of Globalist coffers, It will be turned against us to control and dominate us even further. :eek:

http://www.telegraph.co.uk/finance/financetopics/financialcrisis/6786606/European-Union-presses-IMF-to-consider-Tobin-tax.html

Diogenes

Higher taxes means people with less money being forced to get into more debt to the same private banks that will benefit from the transaction tax!

Just how many people do you know have offshore bank accounts? Legitimately?

The shifting of cash to another country has been a typical tactic of avoiding paying tax on earnings.

The people using these systems are usually part of the richest parts of society. Do you think its fair that they abuse the system by avoiding paying their fair share?

Run_to_da_hills

Diogenes wrote: »

Just how many people do you know have offshore bank accounts? Legitimately?

The shifting of cash to another country has been a typical tactic of avoiding paying tax on earnings.

The people using these systems are usually part of the richest parts of society. Do you think its fair that they abuse the system by avoiding paying their fair share?

All the more reason to push for the EFT system, It will eliminate money laundering and unauthorised cash transactions.