Globalists representing 60 nations will meet at the UN this coming week to push a tax on world financial transactions in the name of solving poverty and climate change, formally launching a massive program to bankrupt the middle class and enrich the coffers of global government.

“Spearheaded by European Union countries, the so-called “innovative financing” proposal envisages a tax of 0.005 percent (five cents per $1,000), which experts estimate could produce more than $30 billion a year worldwide for priority causes,” reports CNS News.

As Ira Stoll, editor of FutureCapitalism.com, points out, new taxes always start off small so as to not be resisted by the people forced to pay them, and are then always gradually increased.

“When people suggest taxes, they always start out ‘small,” said Stoll.

“But once the door is opened to the idea of ‘global taxes,’ you can bet they won’t end small. Never mind all the issues about whether development aid actually helps poor countries or just winds up empowering corrupt local dictators and their cronies.”

The call for a global transaction tax arrives in the aftermath of a leaked UN blueprint which outlined how elitists plan to re-brand global warming in an effort to dismantle the middle class by instituting a “global redistribution of wealth” via carbon taxes.

The aim is to “limit and redirect the aspirations for a better life of rising middle classes around the world,” in other words to reduce the standard of living for the middle classes in Western Europe and America.

However, as was uncovered during the Copenhagen summit, the program of “global redistribution of wealth” and transaction taxes largely centers around looting the wealth of the middle classes in richer countries and then using that money to bankroll the construction of world government. As the leaked “Danish text” revealed, the money generated from consumption taxes will go directly to the World Bank, not to developing countries to lower carbon emissions or alleviate poverty.