The British government has agreed to hand over full control of its tax sovereignty to the World Economic Forum.
The new rules mean that unelected bureaucrats headquartered in Davos will be in charge of collecting tax from British subjects.
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The WEF-run OECD is set to introduce a “global minimum tax” on firms in both the US and UK under a program called “Pillar 2.”
Telegraph.co.uk reports: Unfortunately, our leaders are insistent on pressing ahead, and decisions they have made behind closed doors at the OECD have left us in a position where we now face an absurd attack on both our countries’ tax sovereignty. The US and UK have been world leaders in promoting competition and enterprise. The reforms of the 1980s pioneered by Ronald Reagan and Margaret Thatcher transformed our countries and the Western world. Now, the insidious plans under Pillar 2 put our economic freedoms at risk.
That is why we met earlier this year to discuss Pillar 2 and how to push back on it. And if you are a multinational corporation in the US or UK, you need to be making your voice heard as well. While this global minimum tax is billed as a way to prevent a race to the bottom in national tax codes, Pillar 2’s plan is to give foreign nations the authority to tax companies in their competitors’ countries if they feel that those firms are not taxed enough. The so-called undertaxed profits rule (UTPR) will disproportionately impact job creators and innovators in the US and UK.
Imagine two businesses in the same town – one successful and the other struggling. It would be irrational to allow the struggling firm to unilaterally decide that the successful business was making too much profit and force it to transfer some of that revenue into its own account. But that is essentially what the UTPR does: it transfers wealth from our countries into the accounts of others under the guise of fairness.
Pillar 2 does not make sense, and other countries are starting to recognise this. We have heard from ASEAN and African nations who are now decrying Pillar 2 as a bad deal for their development. They are watching as Pillar 1 – eliminating unilateral digital services taxes, from which they would benefit – falls apart and know that implementing Pillar 2 without Pillar 1 would be a barrier to growth within their own boundaries. They know that this scheme would discourage investment by foreign corporations and benefit high-tax jurisdictions.
In its current form, Pillar 2 isn’t ready for primetime – and even the OECD knows it. It delayed implementation earlier this year. But this was not a win. Delaying a bad policy for a year doesn’t change the fact that it is a bad policy. A recent snub to a US House Ways and Means delegation by French economy and finance minister Bruno Le Maire shows that some greedy countries have no interest in backing away from le transfert of funds into their treasuries.
US and UK policymakers and business leaders should combat this attempted takeover of tax policy. Each of our countries’ legislative bodies has the sole authority to set tax policy, and we should not cede that power to money-hungry foreign governments, which do not have the best interests of American or British citizens at heart. Successful US and UK businesses should be investing and supporting job and wealth creation, and our legislatures should defend them by not allowing foreign governments to use Pillar 2 to pillage their resources.
The only way to secure US and UK sovereignty is to fully abandon the global minimum tax and UTPR and return to the negotiating table in good faith to finish the work on Pillar 1. If that doesn’t happen, we are ready to combat this scheme on our turf.
In the US, I [Ron Estes] introduced the Unfair Tax Prevention Act, which, in effect, would impose a reciprocal tax measure toward any country that moves forward with a UTPR surtax on American businesses and would apply as long as the foreign country’s unfair tax remains in place. And in the UK, I [Priti Patel] pushed Chancellor Jeremy Hunt to assure the House of Commons and the British people that we will have regular updates and information as plans unfold instead of blindly barreling through with this disastrous plan.
The OECD and rapacious foreign governments should end their zealous approach to taxing other nations. And if they don’t, we stand ready to protect the Americans and Britons we represent.
Sean Adl-Tabatabai
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The Globalists are stepping up their Game! They see defeat coming in 2024. So they will try to push their agenda through while they have control of the Puppets in office!! WE MUST STOP THEM AT ALL COST!!!!
F The Globalist and their Agenda!!!!
Just send back Richie Shitsak to India where he belong. I wish we could deport Swab too.
They both should be executed.
And Horrori too.
YES – all of them!
Yes because they are the wef. The Plantaganets are them. They just changed names.
It’s privatisation by stealth. “UK in deep shit as 30%of councils face bankruptcy” You tube.
Its All child’s play Like taking candy from whining cry baby dumbarses. Useless eaters Dumdasshit.
Look Signs and signals. “Mccarthy sends vp Harris in worst nightmare after drops.. “you tube
The sloane rangers are back. Why? Have a guess snow White. Would you like a bite of my big red apple Its shiny.
WTF are you babbling about now?
WEF is corrupt
Pure corruption..
Evil WEF
Britain has fallen..
This was their plan all along…to rule the entire world through the WEF. And it would end elections altogether. We would be governed by an evil, satanic organization that was never elected by anyone.
The Illuminati need to sacrifice all the good people of God to Moloch in order to make this world identical to Hell. Only then can they invade earth completely, and exist here and make it a colony of Hell. The good energy will be gone when good people like the Palestinians are gone, replaced with evil life-killing anergy of Hell.
That is what these wars since the Greada Treaty are all about, bringing Hell to earth by making earth just like Hell. Evil destroys all that is good. Only during wars are UFO’s seen. The energy of Hell produced by the atrocities of wars and the blood sacrifice of innocent children, allows them to cross the veil.
Israel crying out in pain while they are killing children is called blame shifting:
There is no Hamas, it is Israel pretending to be Hamas, faking an attack by Hamas to give themselves false justification, and calling their aggression defense and pronouncing themselves the victims while they slaughter and massacre innocent civilians. They also call these innocent civilians terrorists, while they are the ones actually inflicting all the terrorism. Israel is a bunch of evil professional, habitual, pathological, liars.
There won’t be any America to take in the Palestinians, because America will become the most hated nation on earth along with Israel and they will both be destroyed in the end.
Yellowstone supervolcano will be the end of the US in one day, as it is the whore of their Pimp Israel.
They use the whore of Babylon the US to get Billions.
Those who side with Israel all over the world will face 5 months of torture as it states in Revelations: “And the fifth angel sounded the trumpet, and I saw a star fall from heaven upon the earth, and there was given to him the key of the bottomless pit. 2 And he opened the bottomless pit: and the smoke of the pit arose, as the smoke of a great furnace; and the sun and the air were darkened with the smoke of the pit. 3 And from the smoke of the pit there came out locusts upon the earth. And power was given to them, as the scorpions of the earth have power 4 And it was commanded them that they should not hurt the grass of the earth, nor any green thing, nor any tree: but only the men who have not the sign of God on their foreheads. 5 And it was given unto them that they should not kill them; but that they should torment them five months: and their torment was as the torment of a scorpion when he striketh a man.” the ashkenazi and the Judeo Christian Zionists and all who serve them, will be tortured by these demons from Hell, but no others will be harmed. It will happen because: The war will tear open the veil between heaven and earth, and the demons in their pyramid shaped UFOs will be able to enter from the dark life killing energy of Hell that the war ww3, creates, making it just like Hell, the earth will be Terraformed to the demons liking. Then the warning will come, and all who served Israel the antichrist and were accomplices to their or any other evil, will be seen burning here in earth bodily, encased in a fire that is supernatural and can’t be put out. People will have 6 weeks to repent. Then after 6 weeks we will see Hell itself coming in the sky. It is burning hot, but ice cold, and is totally black and dark because it is made up of all demons with total darkness in them and no light, just like all the ashkenazi. It is several times bigger than the earth. It will envelop the entire earth and we will not see the sun for 3 days. When you see it in the middle of WW3, it will be so terrifying that everyone will hide, the war will stop. All the dark souls, those who worship the antichrist the ashkenazi who refused Christ’s salvation and stayed with Moloch Mammon, the fallen angels of Hell, and money, and those who cursed themselves, and all subsequent generations of ashkenazi, by saying “His blood be on our hands and our children’s’, will all be taken away and locked and chained in Hell for eternity. The earth will be cleansed by fire and the true people of God, all religions other than Jewish will all be given a new heaven and earth and the Palestinians who are the ones mentioned all over revelation are the martyrs wearing the white robes who have been washed clean in the blood of the Lamb, will receive their new Jerusalem. They will live in peace for 1000 years.
Jerusalem is Palestinian, it is their capital.
The whore of Babylon who gave the Holy land to the enemies of God, the illuminati in the greada treaty, and formed the CIA to do their bidding, and provide them with children for adrenochrome, and needless, endless, wars to bring Hell to earth, will be no more, because with Yellowstone imploding it will collapse down into Hell, and so will any other nations who are enslaved by, and serve and feed the Beast: the totally 100% ashkenazi Illuminati who own most of the world and all of our world leaders, via their ownership of all the central banks, will also be banished forever, from the new earth to come.
Right now the Illuminati ‘elite’ are going to cause people to be given many types of parasites all at once through their power over all the world. These will be visible all over inside and outside of people’s bodies everywhere. Hospitals will be in a collapse. Oil production will stop, all the world will be affected. Total end of our society everywhere. It will be a nightmare of horror. I don’t know in what way they will infect people, but I am sure it will be the water, fast foods, and most likely they will put it in everything they have previously put poisons into: air, food, water, drugs legal and illegal, and in the drugs they claim are medicines.
The Illuminati are ‘top tier ‘ashkenazi, the most evil. So evil they can be vessels for the fallen angels now demons of Hell to reside in. They make themselves to be suitable vessels by doing satanic rituals such as the wars as this one in Gaza, but mostly their crimes against children, as slaves to torture sexually, and if under the age of 7 and gentile, also for adrenochrome.
Those of Hell cannot exist here unless the earth is made into the same energy as Hell: life-killing energy. They can’t tolerate life-giving energy like the Sun, Jesus Christ. or the Palestinian people.
Wars and killing of those who do emit the life-giving energy of heaven , such as Jesus Christ and gentile children will remove the good heavenly energy they despise.
Meanwhile at the Illuminati are setting up many false anti-illuminati figureheads who are in fact illuminati, and just more useful as opponents to get the people’s trust and con them into a false belief that some saviors will come to their rescue. It is called a ‘confidence’ game, they need a person you trust and have confidence in, to help the others to make fools out of you and lose everything in the process.
The only opposition that exists on earth is good against evil and God against the demonic beings of Hell.
Each person must seek the truth and be their own savior by accepting and trusting that God will save, protect and supply the needs of those who love and serve him, who will not trust or serve the devil or believe the lies of the ashkenazi con artists. Don’t be chumps or easy marks: “Be wiser than serpents.”
Good always wins over evil, because in the end you get back what you give.
The end will be a new and glorious blessed new beginning for all those who chose God over the antichrist people who openly worship Moloch Mammon by waging bloody human sacrifice wars.