The past several months have witnessed an unfortunate setback in the fight for good tax policy. Bolstered by a shift in the U.S. position from benign neglect to active support, anti-tax competition ideologues have won a somewhat significant victory. Low-tax jurisdictions, faced with direct and indirect threats of sanctions from powerful nations, have been forced to weaken their human-rights policies by agreeing that privacy laws no longer protect foreign investors. Indeed, jurisdictions are being coerced to sign agreements to provide confidential data upon request to at least 12 of their high-tax brethren.

The Center for Freedom and Prosperity (CF&P) announced today it will be in Los Cabos, Mexico, next week to help educate delegates at the OECD’s Global Tax Forum about the benefits of tax competition, fiscal sovereignty, and financial privacy.

Low-tax jurisdictions are being attacked by several committees in the U.S. Congress. These so-called havens are being assaulted by international bureaucracies such as the Organization for Economic Cooperation and Development (OECD) and European Commission (EC). And they are being turned into scapegoats by the politicians meeting this week for the G-20 Summit. These events do not bode well for supporters of tax competition, fiscal sovereignty, and financial privacy.

The Coalition for Tax Competition today sent a letter urging Joshua B. Bolten, the Director of the White House’s Office of Management and Budget, to “strongly consider eliminating or at least dramatically reducing funding” to the Paris-based Organization for Economic Cooperation and Development. In the letter sent to Director Bolten, representatives of more than 30 […]

The Center for Freedom and Prosperity Foundation, joined by more than 30 of the country’s largest and most influential free-market groups, announced opposition to U.S. subsidies for the Paris-based Organization for Economic Cooperation and Development (OECD). The organizations, which participate in a Coalition for Tax Competition, shared their views with Senator Judd Gregg of New […]

The Center for Freedom and Prosperity, joined by more than 30 of the country’s largest and most influential free-market groups, praised New York Congressman John E. Sweeney for his defense of America’s economic interests. Sweeney, a member of the House Appropriations Committee, has taken a lead role in opposition to tax harmonization schemes promulgated by […]