Global tax on guns? Brazil, France propose international levy on arms sales to eliminate world hunger:
Some world leaders at the G8 summit meeting are floating the idea of a global tax on arms sales, including – at French President Jacques Chirac's suggestion – a tax on gun purchases by individuals.Lula's merely a wingnut. Chirac is rather worse.
In a speech at the annual meeting of the "Group of Eight," or G8, Brazil's President Luiz Inacio Lula da Silva pushed the arms-sales tax as a scheme whereby the world's wealthiest nations could fund efforts to eliminate world hunger, reports Bloomberg News.
The "Group of Eight" includes the U.S., U.K., France, Germany, Italy, Canada, Japan and Russia.
Citing the Brazilian paper Folha de S. Paulo, Bloomberg reports Lula said such taxes would create "a global fund capable of giving food to those who are hungry and for creating the conditions to end the causes of hunger."
Calling the Brazilian leader's proposal "forceful and convincing," Chirac was reluctant to back a levy on weapons manufacturers in France and elsewhere, but suggested a global tax on firearms purchases made by individuals, said the report.