On the recordMay 22, 2012
this is the first time in history that an international organization, the U.N. in this case, would possess taxing authority over this country.
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congress.govthis is the first time in history that an international organization, the U.N. in this case, would possess taxing authority over this country.
DeMint argues against the Law of the Sea Treaty giving the UN taxing power over the U.S.
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But isn't that putting them at a disadvantage? They're actually paying more tax now than brick and mortars.
If we do not accede to this treaty, our major mining companies... will not drill, will not exploit.
It'll no longer be in our hands to decide; it'll be arbitrated and it will be decided by the Secretary-General of the United Nations.
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