{"id":78586,"date":"2022-11-25T08:00:48","date_gmt":"2022-11-25T16:00:48","guid":{"rendered":"https:\/\/www.cogwriter.com\/news\/?p=78586"},"modified":"2022-11-25T15:14:25","modified_gmt":"2022-11-25T23:14:25","slug":"wef-calls-out-tax-corruption-klaus-schwab-told-the-g20-a-deep-restructure-is-needed","status":"publish","type":"post","link":"https:\/\/www.cogwriter.com\/news\/prophecy\/wef-calls-out-tax-corruption-klaus-schwab-told-the-g20-a-deep-restructure-is-needed\/","title":{"rendered":"WEF calls out tax corruption. Klaus Schwab told the G20 a deep restructure is needed."},"content":{"rendered":"

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COGwriter<\/a><\/p>\n

The World Economic Forum<\/em> posted the following:<\/p>\n

November 25, 2022<\/p>\n

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Corruption is an imposing challenge for global society. Conveying the gravity of its impact, advocacy group Transparency International<\/a> said that \u201ccorruption can cost you your livelihood, your rights, your health, your freedom and sometimes even your life.\u201d<\/p>\n<\/div>\n

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The International Monetary Fund\u2019s Paolo Mauro, Paulo Medas and Jean Marc Fournier also take a long-term view<\/a>: \u201cDepending on its extent, corruption can have a profoundly detrimental effect on public finances as governments collect less in tax revenue and overpay for goods and services or investment projects.\u201d …<\/p>\n

But the cost of corruption extends beyond lost money as distortions in spending priorities undermine the state’s ability to promote sustainable and inclusive growth, they add: “They drain public resources away from education, health care and effective infrastructure \u2013 the kinds of investments that can improve economic performance and raise living standards for all.\u201d https:\/\/www.weforum.org\/agenda\/2022\/11\/how-companies-should-cope-with-corruption\/<\/a><\/p>\n<\/div>\n<\/blockquote>\n

Basically, the WEF seems to be saying that more government influence is needed to get companies to pay more taxes so that governments can be more involved in the lives of the public.<\/p>\n

Statements like that from the WEF seem to be “music to the ears” of many government officials. Enough so, that the leaders of the G20 invited and listened to the head of the WEF, Klaus Schwab, earlier this month, tell them what he felt needed to be done.<\/p>\n

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Klaus Schwab is now part of the G20 and here he is giving his instructions directly to our “elected” leaders\u2026<\/p>\n

\ud83d\udd0asound …\ud83e\uddd0#WEF<\/a> #KlausSchwab<\/a> pic.twitter.com\/SSpLUkUONI<\/a><\/p>\n

\u2014 Wall Street Silver (@WallStreetSilv) November 15, 2022<\/a><\/p><\/blockquote>\n