Tag Archives : Organization for Economic Cooperation and Development
U.S. and OECD Target Panama’s Fiscal Sovereignty With Hypocritical Demands
This article appeared in La Prensa.
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Renewed Assault on Tax Competition Looms Large for Offshore Community
This article appeared in Offshore Investment.
read more...Cheered on by the OECD, Japan Announces Higher VAT Rate to Enable Bigger Government
If you have any long-term Japanese investments, sell them soon. In part, that’s because the Japanese Prime Minister announced another Keynesian spending binge earlier this year – even though several so-called stimulus plans in Japan have flopped over the past two decades (Keynesian economics doesn’t work anywhere, but that’s a topic for another day). Adding […]
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Time to Retire the “Hypocrisy in Government” Award?
If I had to identify a “least-favorite” international bureaucracy, it almost certainly would be the Paris-based Organization for Economic Cooperation and Development. The OECD doesn’t waste as much money as the United Nations, it might not cause as much macroeconomic instability as the International Monetary Fund, and it presumably doesn’t produce as much bad research […]
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Wall Street Journal Condemns OECD Proposal to Increase Business Fiscal Burdens with Global Tax Cartel
What’s the biggest fiscal problem facing the developed world? To an objective observer, the answer is a rising burden of government spending, caused by poorly designed entitlement programs, growing levels of dependency, and unfavorable demographics. The combination of these factors helps to explain why almost all industrialized nations – as confirmed by BIS, OECD, and […]
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By Global Standards, the Government Education Bureaucracy Gets the Most Money while Delivering Mediocre Results
I don’t write or speak about education very much, but, when asked, I explain that America has a very costly and inefficient government school monopoly. The strongest piece of evidence is an amazing chart put together by a Cato colleague. It shows that education spending has skyrocketed while educational performance has stagnated. One of my […]
read more...Relying on Dishonest Poverty Numbers, OECD Bureaucracy Urges America to Copy Europe and Adopt an even Bigger Welfare State
With many European nations already in the midst of a fiscal crisis caused by excessive government, and with most other industrialized nations heading down the same path thanks to aging populations and poorly designed entitlement programs, this would be a good time for supposed experts to propose ways to rein in the welfare state. But […]
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OECD Study Admits Income Taxes Penalize Growth, Acknowledges that Tax Competition Restrains Excessive Government
I have to start this post with a big caveat. I’m not a fan of the Paris-based Organization for Economic Cooperation and Development. The international bureaucracy is infamous for using American tax dollars to promote a statist economic agenda. Most recently, it launched a new scheme to raise the tax burden on multinational companies, which […]
read more...Explaining to the Kleptocrats on Capitol Hill that Tax Havens Should Be Emulated, not Persecuted
Since I just left Monaco and am now in Geneva, this is an appropriate time to extol the virtues of so-called tax havens. But I don’t merely say nice things about low-tax jurisdictions when I’m in friendly environments. I believe in swinging my sword in the belly of the beast. That’s why I recently […]
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Targeting Multinationals, the OECD Launches New Scheme to Boost the Tax Burden on Business
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 […]
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