People (the stupid puke) don't grasp WHAT gross traitors are creepy Joe and globalist-satanists allowing, promoting invasion of Jew S A by invaders

The G-20 Proposes a 2% Wealth Tax on Assets, Will Biden Approve?​

April 29, 2024 9:44 am by CWR
via Mike Shedlock

Link: https://citizenwatchreport.com/the-g-20-proposes-a-2-wealth-tax-on-assets-will-biden-approve/

Biden and Yellen support a global minimum tax on corporations. And a new wealth tax scheme is now in the works.
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Watch Out for a Global Wealth Tax

The Wall Street Journal says Watch Out for a Global Wealth Tax
In our new socialist age, the demand to tax and redistribute income is insatiable. The latest brainstorm arrives in a proposal by four countries in the G-20 group of nations to impose a 2% wealth tax on the world’s billionaires.
“The tax could be designed as a minimum levy equivalent to 2% of the wealth of the super-rich,” write economic ministers of Germany, Spain, Brazil and South Africa in the Guardian. They say the levy would raise about $250 billion a year from some 3,000 billionaires and “would boost social justice and increase trust in the effectiveness of fiscal redistribution.” The countries plan to float this at the next G-20 meeting in June.
Presumably, the plan is to have the G-20 endorse the idea, including President Biden and Treasury Secretary Janet Yellen. Then negotiate a global tax deal that would wait until Democrats control all of the U.S. government to approve it, even if that takes many years.
That’s more or less what Ms. Yellen has done with her global minimum tax on corporations, and the four ministers are candid in saying this is their model. The wealth tax “is a necessary third pillar that complements the negotiations on the taxation of the digital economy and on a minimum corporate tax of 15% for multinationals,” the ministers write.
Ms. Yellen went along with the first two pillars, though as we’ve written they subject American companies to foreign tax raids of the kind the U.S. government has long opposed. An architect of the wealth tax idea is French socialist Gabriel Zucman, who was also behind Ms. Yellen’s global minimum tax. Once a global wealth tax is in place, you can be sure that billionaires won’t be the last target.
The Biden Administration is run by liberal internationalists who are happy to cede more power to multilateral institutions. President Biden is also campaigning on a wealth tax of his own that would impose the highest tax rates on Americans since before the Reagan tax reform. For this crowd, taxing American billionaires to redistribute income around the world is all too imaginable.
I used to dismiss ideas like this. Not anymore.

Letting the G-20 set US tax rates would be unconstitutional, but since when does Biden give a damn?

See also 63% Of IRS Audits Target Taxpayers Earning Less Than $200,000, Not $400,000 Promised By President Biden.

See also Prosit! REAL Inflation Rate Under Biden Peaked At 18% In 2022 (Highest Inflation Rate In 50 Years)


Besides, if Democrats get control of the Senate, House and White House they may try to pack the courts.
For more on the unconstitutional wealth tax on unrealized gains, please see Biden Embraces a Wealth Tax to Address Racial Wealth

Inequality

I go over 15 ways Biden seeks to address “wealth inequality”.
 

Biden Goes Off-Script and Admits Real Reason Why He’s Allowing Illegals to Invade US During Interview with Spanish-Language Radio Station (AUDIO)​

By Cristina Laila May. 7, 2024 7:00 pm

Link: https://www.thegatewaypundit.com/2024/05/biden-goes-script-admits-real-reason-why-hes/

[see vid at site link, above]

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(Photo by Drew Angerer/Getty Images)
Joe Biden went off-script during an interview with a Spanish-language radio station and admitted the real reason why he’s allowing millions of illegal aliens to invade the US.
An estimated 11 million illegal aliens – mainly military-age males – have entered the US on Joe Biden’s open border invitation.
Hundreds of thousands of illegals are pouring over the border every month.

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Biden slipped and admitted the influx of illegals = new Democrat voters.

“It’s even a bigger influx now in terms of Hispanic voters! Err, Hispanic citizens,” Biden said.
AUDIO: [ck site link, above, top]

“Hispanic community’s part of the future of America! 28 out of every 100 students in school speak Spanish — 28!” Biden exclaimed.
AUDIO:
 
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