If asked to name my least-favorite international bureaucracy, the easy answer would be the Organization for Economic Cooperation and Development. After all, it was only a few days ago that I outlined different ways that the Paris-based bureaucracy is seeking to expand statism and reduce freedom around the world. I’m particularly nauseated by the OECD’s […]
read more...I’ve been very critical of the Organization for Economic Cooperation and Development. Most recently, I criticized the Paris-based bureaucracy for making the rather remarkable assertion that a value-added tax would boost growth and employment. But that’s just the tip of the iceberg. The OECD has allied itself with the nutjobs from the so-called Occupy movement […]
read more...Every so often, you get a “teaching moment” in Washington, and we now have an excellent opportunity to educate lawmakers about the “offshore” world because President Obama’s nominee to be Treasury Secretary has been caught with his hand in the tax haven cookie jar. Mr. Lew not only invested some of his own money in […]
read more...As a taxpayer, I’m not a big fan of international bureaucracies. They consume a lot of money, pay themselves extravagant (and tax-free!) salaries, and generally promote statist policies. The Paris-based Organization for Economic Cooperation and Development is a prime example. Originally created for benign purposes such as gathering statistics, it now is a bloated bureaucracy […]
read more...I spoke at the United Nations back in May, explaining that more government was the wrong way to help the global economy. But I guess I’m not very persuasive. The bureaucrats have just released a new report entitled, “In Search of New Development Finance.” As you can probably guess, what they’re really searching for is […]
read more...Very few people are willing to admit that they favor protectionism. After all, who wants to embrace a policy associated with the Great Depression? But people sometimes say “I want free trade so long as it’s fair trade.” In most cases, they’re simply protectionists who are too clever to admit their true agenda There’s a […]
read more...If we want to avoid the kind of Greek-style fiscal collapse implied by this BIS and OECD data, we need some external force to limit the tendency of politicians to over-tax and over-spend. That’s why I’m a big advocate of tax competition, fiscal sovereignty, and financial privacy (read Pierre Bessard and Allister Heath to understand […]
read more...I realize it’s a bold assertion, but the $100 million that American taxpayers send to Paris every year to subsidize the Organization for Economic Cooperation and Development is – on a per-dollar basis – the most destructively wasteful part in the federal budget. This video will give you some evidence. But the video also is […]
read more...I’m not a big fan of international bureaucracies, mostly because they always seem to promote bad policy such as higher tax rates. The International Monetary Fund is urging higher tax rates and pushing for nations to replace flat tax systems with so-called progressive taxation. The Organization for Economic Cooperation and Development has embraced Obama’s class-warfare […]
read more...Over the years, I’ve strenuously objected to schemes that would enable international bureaucracies to levy taxes. That’s why I’ve criticized “direct funding” proposals, most of which seem to emanate from the United Nations. A scheme to let the United Nations tax services such as air travel. A proposal, pushed by George Soros and other statists, […]
read more...