Fiscal Sovereignty

Protecting Fiscal Sovereignty is essential to preserving international liberty and prosperity. The right of each nation to set its own fiscal policy is essential to preserving tax competition, serving as the last line of defense against the efforts of politicians who seek to replace tax competition with a tax cartel, or an “OPEC for politicians.” Just as the real OPEC extracts more money from energy consumers, a tax cartel would grab more money from taxpayers.

Additional Resources:

Alex Wright, “Expert debunks ‘offshore world’ myths,” The Royal Gazette, May 18, 2011.
“The Case for Tax Competition, Fiscal Sovereignty, and Financial Privacy,” A Special Tax Competition Conference, October 20, 2009.

Related CF&P Content on Fiscal Sovereignty:

Fiscal Sovereignty Press Releases

CF&P Briefs International Businesses on Threats to Tax Competition

January 17, 2012

The Center for Freedom and Prosperity (CF&P) is participating Wednesday in a conference in the British Virgin Islands, where Dan Mitchell and Brian Garst will outline growing threats to international tax competition and business.
CF&P Letters to Treasury and Congress Call for Cost-Benefit Analysis, Repeal of FATCA
CF&P Urges Low-Tax Jurisdictions to Protect Global Economy by Resisting OECD's Anti-Tax Competition Campaign
CF&P Renews Call to Eliminate Taxpayer Subsidies for OECD
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Fiscal Sovereignty Videos

The Paris-Based OECD: Pushing Obama’s Big-Government Agenda With Your Tax Dollars

August 2, 2010

American taxpayers finance nearly one-fourth of the budget for the Paris-based Organization for Economic Cooperation and Development, an international bureaucracy that routinely advocates for more government – including more taxes and spending in the United States. In just the past couple of years, the OECD has used American tax dollars to advocate Obamacare-type health policies, push for failed Keynesian stimulus spending, promote Al Gore-style carbon taxes, and urge the enactment a value-added tax. To reduce wasteful spending and protect America’s free market system, American subsidies for this Paris-based bureaucracy should be eliminated.
President Obama's Dishonest Demagoguery on Tax Havens
Tax Havens: Myths vs. Facts
The Moral Case for Tax Havens
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Fiscal Sovereignty Publications

OECD Subsidies Are Against U.S. Interests

February 6, 2012

Funding of the OECD should be cutoff until such time as the organization ends its campaign against low-tax jurisdictions and the principles of limited government.

Monitoring the OECD’s Campaign Against Tax Competition, Fiscal Sovereignty, and Financial Privacy: Strategies for Low-Tax Jurisdictions

May 23, 2011

The tide is now turning against high-tax nations – particularly as more people understand that ever-increasing fiscal burdens inevitably lead to Greek-style fiscal collapse. Political changes in the United States further complicate the OECD’s ability to impose bad policy. Because of these developments, low-tax jurisdictions should be especially resistant to new anti-tax competition initiatives at the Bermuda Global Forum.

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