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.
• “Leave Swiss Banks Alone,” Pierre Bessard, Op-ed, New York Times, August 2, 2009.