Europeans Healing the World Through Taxation, Episode № 268

Christine Lagarde told LCI television that Sarkozy had asked the new IMF chief, Dominique Strauss-Kahn, a Frenchman, to consider a tax that would affect oil companies worldwide.

The French want a “Global Tax”, as if there was a ‘global government’ to collect it for them. The goal, of course is to force the rest of humanity to hobble its’ economy as much as they’re hobbling theirs’, and to maintain a ‘competitive advantage’ in the world marketplace, they need the worlds’ help – to do this the rest of humanity has to go along with another bit of foolish (and poverty creating) European moral vanity.

Environmentalists and others in France have long floated the idea of taxing French oil giant Total, whose record-breaking profits they regard as reprehensible. The company, France's biggest by market value, reported Wednesday that net profit was up by 62 percent in the fourth quarter of 2007 to 3.6 billion euros ($5.23 billion).

Lagarde said the French government was pushing for a global tax so that not only Total -- the world's fourth-largest oil and gas company -- would be penalized.

Note how the grand and glorious industrial work that made Europe into a parking lot is shunted aside. The old arguments about trade barriers being a human virtue, are replaced by the fake concern city dwellers have for the environment is neatly folded into the idea that PROFITS are reprehensible.

If they only knew that energy is already one of the most taxed things out there that you can’t drink or smoke.