Tax Competition News…
21 Free Market Groups Call for Defunding OECD
Led by CF&P, the Coalition for Tax Competition calls for defunding the OECD in a new letter. Receiving 21% of its funding from American taxpayers, the OECD increasingly works to oppose tax competition, eliminate taxpayer privacy protections, and promote big government policies.
CF&P President Andrew Quinlan said of the letter: “The OECD has been turned into an advocacy group for rich-nation finance ministers. If OECD bureaucrats truly believe the work they do is worthwhile, they can appeal to the market for voluntary contributions like every other ideological organization.” http://freedomandprosperity.org/2015/news/press-releases/ctc-letter-ending-taxpayer-subsidies-to-oecd/
Global Advocacy for Big Government Funded by American Taxpayers
Writing at The Blaze, CF&P President Andrew Quinlan highlights the above Coalition for Tax Competition letter and documents the OECD’s transformation into a leftwing advocacy group fighting for higher taxes and bigger government. http://www.theblaze.com/contributions/global-advocacy-for-big-government-funded-by-american-taxpayers/
FATCA Reporting System Leaves Taxpayer Data Vulnerable
CF&P’s Brian Garst highlights the dangers to private taxpayer information posed by FATCA, including weak protections in the new IDES reporting system recently rolled out by the IRS. http://www.compasscayman.com/cfr/2015/04/22/FATCA-reporting-system-leaves-taxpayer-data-vulnerable/
Domestic News…
The Personal Burden Formula: The New Misery Index?
D. Brady Nelson writes for Townhall Finance on the modern version of the “misery index” made popular during the Carter economy. The Personal Burden Formula, he says, could shine a bright light heading into the 2016 election on the economic malaise suffered under Obama. http://finance.townhall.com/columnists/dbradynelson/2015/04/17/the-personal-burden-formula-the-new-misery-index-n1986208
The Next Privacy Fight Will Happen in the Cloud
Andrew Quinlan looks at another emerging privacy issue in an op-ed for Inside Sources. He shows that the Department of Justice’s pursuit of private data hosted anywhere in the globe could have significant privacy implications. http://www.insidesources.com/next-privacy-fight-will-happen-cloud/
From the Market Center Blog…
The Left’s Inequality Fixation Is Economically Foolish and Politically Impotent
Dan Mitchell explains how leftists are deluding themselves if they think more inequality propaganda will sway voters in favor of redistribution. http://freedomandprosperity.org/2015/blog/the-lefts-inequality-fixation-is-economically-foolish-and-politically-impotent/
Grassley Fighting Crony Obamacare Handout
Andrew Quinlan explains how Obamacare expanded this small benefit for the poor into a large handout for hospitals. http://freedomandprosperity.org/2015/blog/grassley-fighting-crony-obamacare-handout/
Big-Government Chickens Come Home to Roost in Baltimore
We’re feelings the consequences from years of statist policies that foster a sense of entitlement. http://freedomandprosperity.org/2015/blog/big-government/big-government-chickens-come-home-to-roost-in-baltimore/
