The Organization for Economic Cooperation and Development USURP DEMOCRACY and force a Global Tax Agreement Minimum Rate of 15% – October 8, 2021,
It’s an embarrassment to democracy that we’re having to adhere to The Organization for Economic Cooperation and Development which wants to assure that your inefficient government remains inefficient. Most nations don’t have been trying to shrink the size of government, by cutting off governments’ money supply, but these global-socialists organizations, believe that a guaranteed 15% tax will promise to improve the lives of those working in government or dependent on government.
Now, the 15% minimum tax has nothing to do with how the government spends the money it receives it just means that a badly run government can guarantee that at the very least it will get 15% even if a politician comes along and promises austerity measures. We already have a rule by fiat currency meaning that when governments default on debt they can simply inflate the money supply, so what this new global tax scheme really is about is making sure that an inefficient government need not worry about competitive market forces, because it’s guaranteed to consume at least 15% taxes even if said government spends the money it receives in taxes unwisely.
My thought on this is “meh” most rich people don’t hoard fiat money anyway, what this will ultimately do is push the rich into purchasing more assets, which is going to accelerate poverty worldwide. I believe Bill Gates recently began buying up land, most rich people prefer hoarding assets over fiat money, because with zero percent interest rates if you’re rich you’ll always find some bank to loan you money.
This appears to be another plan of the globalists to stifle innovation, which is unfortunate. It’s very sad that this is the type of evil that exists on the planet today.
Interesting times ahead!