Unfortunately, none of this was reported in the Australian main
stream media: (Reuters) - The United Nations on Thursday (5th
July) urged countries to impose international taxes to raise
more than $400 billion a year, such as a carbon tax, a currency
transaction tax and a billionaires tax, to offset cutbacks in
aid by many countries amid global economic turmoil. The U.N.
World Economic and Social Survey (WESS) found the needs of
developing countries were not being met, more money was needed
to fight challenges like climate change and new taxes would help
"donor countries overcome their record of broken promises." CNS
news summarises the proposed UN global taxes: Carbon Tax: A tax
of $25 a ton of carbon dioxide (CO2) emitted in developed
countries would raise an estimated $25 billion a year. The money
could be collected by national authorities, but be earmarked for
international cooperation. CO2 is the “greenhouse gas” blamed
most often for climate change. Currency Transaction Tax: A tax
of 0.005 per cent on a