Wednesday, January 26, 2005

France: Jacques Chirac proposes international taxes.

"French President Jacques Chirac called for an "experimental" international tax to help fund the war against AIDS, suggesting it could be raised via a levy on airline tickets, some fuels or financial transactions. "....He suggested options including: a "contribution" on international financial transactions, a tax on aviation and maritime fuel, a tax on capital movements in or out of countries which practised banking secrecy, or a "small levy" such as a dollar on the three billion airline tickets sold every year.
Hell no. How about the EU being an economic power tax themselves for this drive? Great idea to put even more tax on airline/ship fuel which in turn the airlines/ships will pass on to its customers, which raises prices in an industry on the edge of collapse.

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