While I wasn’t looking, the G7 Summit in July agreed to Global Tax on corporations who do business internationally. The tax will be a minimum of 15% tax on multinational corporations in countries in which their headquarters are not located. For example, if Corporation A has their headquarters located in the United States and they do business Bulgaria, Corporation A would have to pay a 15% corporate tax in Bulgaria and will still have to pay corporate tax in the United States.

Thus far, 136 countries out of 140 have agreed to the plan so far. According to a Yahoo News article, the target date for implementation in 2023.

What is the Global Tax supposed to do? It is supposed to eliminate tax havens for corporations. According to the article, corporations would base transactions in low tax countries, like Ireland and Hungary, and pay less taxes on international transactions, even if those transactions were not transacted in those countries. This is supposed to even the playing field for developing countries to enable them to collect more tax revenue as they try to compete on the international level, by attracting corporations like Amazon.

According to the sources, some developing countries complain that there are too many loopholes that can be exploited and there’s no teeth. I suppose that would mean that there are no penalties for corporations who circumvented the Global Tax agreement. That is not surprising news since the uber-rich are all about using loopholes when they always say so to the contrary.

Up till now I haven’t mentioned my belief that there are forces behind puppet governments exerting efforts towards establishing a global government. I know when I say that some will dismiss me as a conspiracy nut but if one just looks and does a little research you would see the evidence. Key word search would be Bildeburg Group, Trilateral Commission and Council of Foreign Affairs for starters.

Instituting a Global Tax is a step towards that global government. The question to ask is who is going to collect that tax to ensure that it gets to the countries that it rightfully belongs to? My guess is that they will for a group that is related to the United Nations like the WTO that will be the central body for collecting the tax revenue.

The impact for we the citizens is we are only pawns is this global game. We are just cannon fodder. We are not meant to prosper in this global endeavor. We are meant to comply without complaint.

The only people who will benefit from this are the only people who have always benefited from actions like this. The Uber-Rich.