Tax Competition

International tax competition is good for both taxpayers and governments. Tax competition forces politicians to be more responsible, pushes tax rates down and allows people to enjoy more of the money they earn.

Additional Resources:

CF&P’s Facts about Tax Competition
Center for Tax Competition
International Tax Competition, from the Cato Institute
Allister Heath, “States no longer monopolise citizens,” City A.M., February 18th, 2011.
Aparna Mathur, “Race to the Top of the Laffer Curve,” The American, February 16, 2011.
Kevin A. Hassett & Aparna Mathur, “Report Card on Effective Corporate Tax Rates: United States Get an F,” Tax Policy Outlook, February 2011, American Enterprise Institute.
“Offshore Financial Centers: Bane or Benefit?” Press Release, American Enterprise Institute, May 2010.
“The Case for Tax Competition, Fiscal Sovereignty, and Financial Privacy,” A Special Tax Competition Conference, October 20, 2009.
Richard Teather, “The Benefits of Tax Competition,” Institute of Economics Affairs, December 20, 2005.
“Is Tax Competition Bad?” Centre for European Reform, August/September 2004.
Richard W. Rahn & Veronique de Rugy, “Threats to Financial Privacy and Tax Competition,” Policy Analysis No. 491, Cato Institute October 2, 2003.
Chris Edwards & Veronique de Rugy, “International Tax Competition: A 21st-Century Restrain on Government,” Cato Institute, Policy Analysis No. 431, April 12, 2002
Dan Mitchell, “An OECD Proposal To Eliminate Tax Competition Would Mean Higher Taxes and Less Privacy,” Heritage Foundation, September 18, 2000.

Tax Havens: Myths vs. Facts

December 1, 2008

The Center for Freedom and Prosperity Foundation has produced videos showing the economic and moral benefits of so-called tax havens. This final video in the three-part series addresses some of the most common myths put forth by politicians from high-tax nations. Using academic research and data from international organizations, the video shows that the most common attacks made against low-tax jurisdictions are empty demagoguery.

An Update on the OECD’s Campaign Against Tax Competition, Fiscal Sovereignty, and Financial Privacy

September 28, 2010

The Paris-based Organization for Economic Cooperation and Development has an ongoing project to prop up Europe’s inefficient welfare states by attacking tax competition in hopes of enabling governments to impose heavier tax burdens. This project received a boost when the Obama Administration joined forces with countries such as France and Germany, but the tide is now turning against high-tax nations – particularly as more people understand that such an approach inevitably leads to Greek-style fiscal collapse.