The tide is now turning against high-tax nations – particularly as more people understand that ever-increasing fiscal burdens inevitably lead to Greek-style fiscal collapse. Political changes in the United States further complicate the OECD’s ability to impose bad policy. Because of these developments, low-tax jurisdictions should be especially resistant to new anti-tax competition initiatives at the Bermuda Global Forum.
read more...Jeffrey Sachs of Columbia University is a big booster of the discredited notion that foreign aid is a cure-all for poverty in the developing world, but he is now branching out and saying silly things about policy in other areas. In a column for the Financial Times, he complains that tax competition is forcing governments […]
read more...Regular readers know that I’m a big fan of tax competition because politicians are less likely to misbehave if the potential victims of plunder have the ability to escape across borders. Here is an excerpt from a superb article by Allister Heath, one of the U.K.’s best writers on economic and business issues. In a […]
read more...Here’s a new mini-documentary from the Center for Freedom and Prosperity, narrated by Natasha Montague of Americans for Tax Reform, that explains why the process of tax competition is a critical constraint on the propensity of governments to over-tax and over-spend. The issue is very simple. When labor and capital have the ability to escape […]
read more...There’s a supposed expose in the U.K.-based Daily Mail about how major British companies have subsidiaries in low-tax jurisdictions. It even includes this table with the ostensibly shocking numbers. This is quite akin to the propaganda issued by American statists. Here’s a table from a report issued by a left-wing group that calls itself “Business […]
read more...The Center for Freedom and Prosperity congratulates the Republican Study Committee for defunding the Organization for Economic Co-operation and Development (OECD) as part of its Spending Reduction Act. The act lists $2.5 trillion in savings over 10 years, including the $93 million annual subsidy to the OECD.
read more...The Center for Freedom and Prosperity is renewing its call to end U.S. taxpayer funding of the Organization for Economic Co-operation and Development (OECD). The United States currently provides more funding to the OECD than any other nation, yet the Paris-based bureaucracy constantly works against the interests of American taxpayers.
read more...I’m in Singapore for two days to help fight the Organization for Economic Cooperation and Development, a statist international bureaucracy based in Paris. The OECD has something called a global tax forum, the purpose of which is to harass so-called tax havens in hopes of coercing them into acting as tax collectors for Europe’s decrepit […]
read more...The Center for Freedom and Prosperity Foundation has released a new Prosperitas study, entitled, “An Update on the OECD’s Campaign Against Tax Competition, Fiscal Sovereignty, and Financial Privacy,” warning low-tax jurisdictions that the Organisation for Economic Co-operation and Development (OECD) may unveil last-minute schemes at the upcoming Global Forum on Transparency and Exchange of Information for Tax Purposes taking place Sept. 29-30 in Singapore.
read more...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.
read more...