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United Nations’ Plan to Tax Internet Commerce Dies on Vine

May 21st, 2010 · No Comments

united nationsGeorge Russell of Fox News reports that the United Nations’ proposal to levy an international tax on Internet commerce has hit a dead end:

A controversial  United Nations plan to impose consumer taxes on such things as Internet activity and paying bills online in order to drastically restructure the world drug industry hit a wall of disagreement on Friday, and is likely dead — for now.

Delegates to the World Health Organization’s annual World Health Assembly could not reach agreement on the plan — first reported by Fox News – to marry  “innovative financing” for global public health with a radically reorganized research, development, production and distribution of medicines around the world, putting greater emphasis on drugs for communicable diseases in poor countries.

Instead, they agreed to create a new “consultative expert working group” to examine all the issues involved one more time, and report back to the next World Health Assembly in a year’s time.

There is a God.

I have little faith in the efficiency of our federal government, but compared to the bumbling bureaucracy of the United Nations it runs like Eichmann’s trains.

Tags: International Taxation · News · Tax Policy

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