White House Economic Adviser: ‘We Need a Global Minimum Tax’

Jim Hoft

Gene Sperling, director of the White House’s national economic council, said today at an official meeting, “We need a global minimum tax.”

The Weekly Standard reported:


Here’s what Sperling had to say:

“He supports corporate tax reform that would reduce expenditures and loopholes, lower rates for people investing and creating jobs in the U.S., due so further for manufacturing, and that we need to, as we have the Buffett Rule and the individual tax reform, we need a global minimum tax so that people have the assurance that nobody is escaping doing their fair share as part of a race to the bottom or having our tax code actually subsidized and facilitate people moving their funds to tax havens.”

The next thing you know they’ll be attacking religious freedom.

Oh wait.

Related: Global Currency Pushed by Marxist Bankster, Stiglitz; Warned of by Ron Paul [videos]

…Banking and globalism, globalism and banking, it’s not about ethnicity, it’s about anti-American socioeconomic war, by those intent upon enslaving the world…

…Opinion on International Finance and Trade

A global gold standard as Ron Paul suggests is not the approach that should be taken. Rather, each sovereign nation must be allowed to manage its own sovereign currency. Exchanges between Americans and any foreign entity, whether for trade or finance, should be 1:1 exchanges between those nations’ currencies. That is common sense and economic natural law. (And not to worry, today’s computers can keep track of the many exchange rates.)

Auditing the Federal Reserve and the U.S. Treasury (including Fort Knox) may reveal that the foreign bankster cartel has taken and horded our gold. Under a global gold standard, where would that leave us?…

Also, Krauthammer calls Obama budget ‘worthy of Greece,’ ‘truly scandalous’ 

Update:  Obama seeks new taxes on the rich

Update 2:  Shared Sacrifice: Obama’s Ridiculous Budget Calls for Pay Raises for Federal Employees


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