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The Pope’s Global Commo Tax By Peter West
I have been waiting for this one, and it was only a matter of time; the Pope has gone full commo, calling for global wealth redistribution:
“Tax cuts for the wealthy constitute a “structure of sin,” Pope Francis said Wednesday in a passionate address calling for international wealth redistribution. “Every year hundreds of billions of dollars, which should be paid in taxes to fund health care and education, accumulate in tax haven accounts,” the pontiff told participants in a Vatican seminar, “thus impeding the possibility of the dignified and sustained development of all social agents.”
“Today’s structures of sin include repeated tax cuts for the richest people, often justified in the name of investment and development,” Francis told the meeting organized by the Pontifical Academy for Social Sciences.
During his discourse, the pope repeated his conviction that poverty is on the rise worldwide and “the poor increase around us.” With the passage of time and the advances of civilization the number of poor people increases rather than diminishing, Francis similarly asserted last June, and “the poor are always poorer, and today they are poorer than ever.” As a Brookings Institution report noted in late 2018, however, the world is currently experiencing “the lowest prevalence of extreme poverty ever recorded in human history — less than 8 percent,” and that number falls with each passing year. According to the widely used “international poverty line,” people are considered to be in “extreme poverty” if they live on less than $1.90 per day or its equivalent.
In the world today, less than 10 percent of the global population lives in extreme poverty, whereas just 30 years ago (1990), some 37 percent of the world lived in extreme poverty. Two centuries ago, nearly everyone in the world lived in extreme poverty. While in the year 1800 almost 90 percent of the world’s population subsisted on less than $1 a day, that percentage had been constantly falling, dropping below 20 percent in the year 2000 and below 10 percent in the present day. It is not only “extreme poverty” that is falling, however. The global poverty rate has been falling across every single poverty line, whether the bar is set at $1.90 a day or $10 a day. In his address Wednesday, the pope lamented that the per capita annual income in the world this year will be $12,000 “according to official reports.” According to data from the World Bank, however, annual per capita income worldwide has been increasing dramatically year by year and in 2018 was $17,948. Furthermore, the World Bank reveals, global per capita income has increased by over 200 percent since 1990 and is now more than three times higher than its 1990 level of $5,498.”
First, if there was a redistribution of income, we can be sure that the 1 percenters will not be affected, but only the middle classes who have long been ritualistically bled of money to finance politically correct, one world, globalist causes. Second, the Catholic Church, the Vatican billions, will not be touched in the proposed income redistribution. How easy is it to support such commo ideas, when one never has to pay?