Obama’s Global Tax Proposal

1. http://www.aim.org/aim-column/obamas-global-tax-proposal-up-for-senate-vote/ 

“Global Poverty Act,” sponsored by Democratic presidential candidate and Senator Barack Obama, is up for a Senate vote on Thursday(Feb. 14, 2008) and could result in the imposition of a global tax on the United States.

2. http://www.usnews.com/blogs/capital-commerce/2008/02/20/does-obama-want-a-trillion-dollar-global-tax.html

“In the end, this economic agenda won’t just require new money. It will require a new spirit of cooperation and innovation on behalf of the American people. We will have to learn more, and study more, and work harder. We’ll be called upon to take part in shared sacrifice and shared prosperity.” Obama

Let’s stick with that “new money” part for a moment. For starters, that “new” money is, of course, “your” money, your tax dollars. And it’s a lot of money. Obama has proposed a couple of hundred billion buckaroos in new government spending along with new tax increases. But Obama may have just been getting started… James Pethokoukis

3. http://www.crosswalk.com/news/11569042/

The effort is an attempt to slow down the progress of a bill (S. 2433) that conservative analysts say could eventually force the U.S. to increase its foreign aid by hundreds of billions of dollars.