The Organization for Economic Cooperation and Development (OECD) is a Paris-based bureaucracy that seeks to punish low-tax jurisdictions in an attempt to hinder the flight of jobs and capital from high-tax countries. Unwilling to reform their tax codes for fear of undermining their ballooning and highly inefficient welfare states, OECD member nations are resorting to unjust protectionist measures against jurisdictions that have adopted free-market tax policies.
Helpful resources:
- Dan Mitchell, “No More Subsidies to the OECD from American Taxpayers,” Market Center Blog, July 16, 2012.
- Richard Rahn, “Rise of the global tax collectors,” Washington Times, July 9, 2012.
- Andrew Quinlan, “The OECD’s Double Standard,” Market Center Blog, June 18, 2012.
- Dan Mitchell and Brian Garst, “The unfortunate genesis of an international tax organisation,” Offshore Investment, November 2011.