This article appeared in Forbes.

The latest attempt at ending tax competition was kicked off with an OECD report called “Addressing Base Erosion and Profit Shifting.” The paper is deeply troubling for advocates of tax competition and pro-growth policies.

Hardly anyone stands up for taxpayers. It’s the classic problem of concentrated interests and defused costs. Those who benefit from profligate government spending are strongly motivated to lobby for their pet handout. But every individual bit of waste only adds a tiny burden on any individual taxpayer, as the costs are spread out over the […]

With the release of a new paper on “Addressing Base Erosion and Profit Shifting,” the Organization for Economic Cooperation and Development (OECD) seeks to undermine global commerce by giving high-tax nations the right to tax business income earned in low-tax jurisdictions. The Center for Freedom and Prosperity strongly opposes this new OECD scheme.

The Organization for Economic Cooperation and Development (OECD) is heavily subsidized by US taxpayers, but spends a lot of time pushing an agenda against taxpayer interests. Richard Billies recently did a good job recounting the OECD’s ongoing list of big government initiatives: …The organization is fundamentally a pro-big government bureaucracy that promotes all of the social welfare […]

Four US Senators are demanding details from Treasury Secretary Timothy Geithner regarding a recent plan to impose significant financial burdens on US institutions in exchange for international compliance with the burdensome FATCA (Foreign Account Tax Compliance Act) law.

Despite considerable rhetoric from politicians about cutting spending and reducing the size of government, there’s been little in the way of actual results. At best a few promise for future cuts have been secured, but we know what those are worth. A good measure of the seriousness, or lack thereof, with which Congress approaches cutting […]