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French President Jacques Chirac has resurrected his proposal for a global tax to help fight AIDS.
The leaders comments were made via video link at the World Economic Forum’s meeting of political and business leaders at the Swiss resort of Davos, reported Agence France-Presse.
Calling it an “experimental” tax, Chirac proposed a levy on airline tickets, some fuels or financial transactions.
According to Chirac, the $6 billion annually now being spent to stem the spread of AIDS is not enough, saying $10 billion is needed.
“We are failing in the face of this terrible pandemic,” he told the Davos gathering.
AFP reported that among Chirac’s ideas were a “contribution” on international financial transactions, a tax on aviation and maritime fuel, a tax on capital movements in or out of countries that practiced banking secrecy, or a “small levy” such as a dollar on the 3 billion airline tickets sold every year.
“What is striking about these examples,” Chirac said, “is the disproportion between the modest efforts required and the benefits everyone would reap from them.”
Admitting there is international opposition to such a plan, the French president said, “There is nothing to prevent states from cooperating and coming to an understanding on new resources and their allocation to a common cause.”
worldnetdaily.com/news/article.asp?ARTICLE_ID=42568
The leaders comments were made via video link at the World Economic Forum’s meeting of political and business leaders at the Swiss resort of Davos, reported Agence France-Presse.
Calling it an “experimental” tax, Chirac proposed a levy on airline tickets, some fuels or financial transactions.
According to Chirac, the $6 billion annually now being spent to stem the spread of AIDS is not enough, saying $10 billion is needed.
“We are failing in the face of this terrible pandemic,” he told the Davos gathering.
AFP reported that among Chirac’s ideas were a “contribution” on international financial transactions, a tax on aviation and maritime fuel, a tax on capital movements in or out of countries that practiced banking secrecy, or a “small levy” such as a dollar on the 3 billion airline tickets sold every year.
“What is striking about these examples,” Chirac said, “is the disproportion between the modest efforts required and the benefits everyone would reap from them.”
Admitting there is international opposition to such a plan, the French president said, “There is nothing to prevent states from cooperating and coming to an understanding on new resources and their allocation to a common cause.”
worldnetdaily.com/news/article.asp?ARTICLE_ID=42568
