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OECD Overlooks Amazing Success of Low-Tax Singapore, Urges Higher Taxes in Asia

I wrote a rather favorable column a few days ago about a new study from economists at the Organization for Economic Cooperation and Development. Their research showed how larger levels of government spending are associated with weaker economic performance, and the results were worth sharing even though the study’s methodology almost certainly led to numbers […]

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OECD Economic Research Finds that Government Spending Harms Growth

At the risk of understatement, I’m not a fan of the Organization for Economic Cooperation and Development. Perhaps reflecting the mindset of the European governments that dominate its membership, the Paris-based international bureaucracy has morphed into a cheerleader for statist policies. All of which was just fine from the perspective of the Obama Administration, which […]

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For Thanksgiving Week, the OECD Proposes a Keynesian Turkey

Earlier this year, I criticized the Organization for Economic Cooperation and Development for endorsing an orgy of Keynesian spending. Did my criticism have an effect? Well, the bureaucrats in Paris just issued a new report that bluntly suggests a reorientation of fiscal policy to achieve more growth. …the global economy remains in a low-growth trap […]

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Notwithstanding the New Left-Wing Rhetorical Strategy, Higher Taxes and Bigger Government Is Not a Recipe for Growth and Development

I must be perversely masochistic because I have the strange habit of reading reports issued by international bureaucracies such as the International Monetary Fund, World Bank, United Nations, and Organization for Economic Cooperation and Development. But one tiny silver lining to this dark cloud is that it’s given me an opportunity to notice how these […]

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The European Commission’s Attack on Apple and Ireland Is Really an Attack on Tax Competition

I’ve previously written about the bizarre attack that the European Commission has launched against Ireland’s tax policy. The bureaucrats in Brussels have concocted a strange theory that Ireland’s pro-growth tax system provides “state aid” to companies like Apple (in other words, if you tax at a low rate, that’s somehow akin to giving handouts to […]

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A Cartoon that Tells You Everything You Need to Know about International Bureaucracies

Okay, I’ll admit the title of this post is an exaggeration. There are lots of things you should know – most bad, though some good – about international bureaucracies. That being said, regular readers know that I get very frustrated with the statist policy agendas of both the International Monetary Fund and the Organization for […]

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Perverse: The Obama Administration Gives Money to the OECD from American Taxpayers so the OECD Can Propose More Burdens on American Taxpayers

There are many reasons why I don’t like the Paris-based Organization for Economic Cooperation and Development, an international bureaucracy that ostensibly represents the developed world but in reality is controlled by European welfare states. The main problem is that the OECD is financed by mostly left-leaning governments and supports policies that reflect the ideology of […]

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Rand Paul’s Heroic and Vital Fight against Global Scheme to Destroy Financial Privacy

The Foreign Account Tax Compliance Act (FATCA) arguably is the worst feature of the internal revenue code. It’s an odious example of fiscal imperialism that is based on a very bad policy agenda. But there is something even worse, a Multilateral Convention on Mutual Administrative Assistance in Tax Matters that has existed for decades but […]

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Everything You ever Needed to Know about Why Low Tax Rates Are the Best Way to Reduce Evasion

Why do many people engage in civil disobedience and decide not to comply with tax laws? Our leftist friends (the ones who think that they’re compassionate because they want to spend other people’s money) assert that those who don’t obey the revenue demands of government are greedy tax evaders who don’t care about society. And […]

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To Boost a Global Economy Burdened by too much Government, OECD Endorses…an “Urgent” Keynesian Spending Binge

I don’t know whether Keynesian economics is best described as a perpetual motion machine or a Freddy Krueger movie (or perhaps even the man behind the curtain in the Wizard of Oz), but it’s safe to say I’ll be fighting this pernicious theory until my last breath. That’s because evidence doesn’t seem to have any […]

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The OECD’s Jihad against American Taxpayers and its Campaign to Undermine U.S. Fiscal Sovereignty

It’s time to criticize my least-favorite international bureaucracy. Regular readers probably know that I’m not talking about the United Nations, International Monetary Fund, or World Bank. Those institutions all deserve mockery, but I think the Paris-based Organization for Economic Cooperation and Development is – on a per-dollar basis – the bureaucracy that is most destructive […]

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More Dishonest Data Manipulation from Tax-Happy Bureaucrats at the OECD

The Organization for Economic Cooperation and Development is a Paris-based international bureaucracy. It used to engage in relatively benign activities such as data collection, but now focuses on promoting policies to expand the size and scope of government. That’s troubling, particularly since the biggest share of the OECD’s budget comes from American taxpayers. So we’re […]

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Even the OECD Now Admits Spending Caps Are the only Effective Way of Restraining Government

I’m not a big fan of the Paris-based Organization for Economic Cooperation and Development. That international bureaucracy is controlled by high-tax nations that want to export bad policy to the rest of the world. As such, the OECD frequently advocates policies that are contrary to sound economic principles. Here are just a few examples of […]

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Why Is the Obama Administration Allowing an International Bureaucracy to Push Tax Policies that Will Make America Companies Less Competitive?

Most normal Americans have never heard of the “Base Erosion and Profit Shifting” project being pushed by the tax-loving bureaucrats at the Paris-based Organization for Economic Cooperation and Development. But in the world of tax policy, BEPS is suddenly attracting a lot of attention, mostly because the business community has figured out it’s a scheme […]

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A Global Tax Cartel Will Hurt the World Economy, Particularly Developing Nations

What’s the best way to generate growth and prosperity for the developing world? Looking at the incredible economic rise of jurisdictions such as Hong Kong and Singapore, it’s easy to answer that question. Simply put in place the rule of law, accompanied by free markets and small government. But that answer, while unquestionably accurate, would […]

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Even More Evidence that the OECD Is the Worst International Bureaucracy

What’s the worst international bureaucracy? There’s certainly a strong argument the International Monetary Fund deserves that award. I’ve even referred to the IMF as the Dr. Kevorkian of the world economy. The United Nations also could claim the award since it wastes lots of money and routinely promotes bad policy across the globe. Let’s not […]

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OECD Scheme to Boost Taxes on Business Sector Will Hurt Economy and Enable Bigger Government

Citing the work of David Burton and Richard Rahn, I warned last July about the dangerous consequences of allowing governments to create a global tax cartel based on the collection and sharing of sensitive personal financial information. I was focused on the danger to individuals, but it’s also risky to let governments obtain more data […]

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More Statist Propaganda from the Taxpayer-Funded OECD

When writing about the Organization for Economic Cooperation and Development, an international bureaucracy based in Paris, my life would be simpler if I created some sort of automatic fill-in-the-blanks system. Something like this. The OECD, subsidized by $____ million from American taxpayers, has just produced a new _________ that advocates more power for governments over […]

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In another Episode of Economic Malpractice, the OECD Claims Higher Taxes and More Redistribution Will Boost Growth

While there are plenty of reasons to dislike the World Bank, United Nations, and (especially) the International Monetary Fund, the worst international bureaucracy on a per-dollar spent basis has to be the Paris-based Organization for Economic Cooperation and Development. The OECD used to be relatively benign by the standards of international bureaucracies, but it has […]

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If You Want Better Business Tax Policy, Handcuff Politicians with Pro-Growth Forms of Tax Competition

Tax competition is a very important tool for constraining the greed of the political class. Simply stated, politicians are less likely to impose bad tax policy if they are afraid that jobs and investment (and accompanying tax revenue) will move to jurisdictions with better tax policy. This works to limit revenue grabs by politicians at […]

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