Added: Jul 7, 2008

From: afq2007

Duration: 8:23

A mini-documentary by Center for Freedom and Prosperity Foundation that explains how international tax competition has led to better tax policy and better economic performance, but also warns that international bureaucracies are trying to rig the system against taxpayers by creating "an OPEC for politicians."For more info: http://www.freedomandprosperity.org/

Channel: News

Tags: "flat  "freedom  and  cf&p  cfp  competition  freedom  harmonization  mitchell  oecd  prosperity  prosperity"  quinlan  tax  tax" 


Rating: 4.53 (58 ratings)    Views: 12301' favoriteCount='54    Comments: 25

rubenerd Says:

Jul 7, 2008 - These people subscribed me to their email newsletters without my permission and do not provide a way to opt out. I have to create a separate filter in all my email clients specially for their junk.Even ignoring their flawed economic logic, the simple fact of the matter is they're nothing but SPAMMERS. Don't give them any of your time.

RobbieKing10 Says:

Jul 7, 2008 - We need more tax competition in Europe. My government is tax loving too much. I send the video to many people.

jjamestrouvons Says:

Jul 7, 2008 - excellent

95cooks Says:

Jul 7, 2008 - It's about time that someone spoke about the economy and taxes in a way that is relevant to our everyday lives. Bravo. I'm sending this around.

SupplySideRules Says:

Jul 7, 2008 - Mr rubenerd: I give them a lot of my time. They are really good. And where is the flaw in their logic? Do you know any country that attracted private investment and jobs by asphyxiating the private sector with taxes? Do you know about keynesianism and monetarism failure in the 70s and 80s ?I know nothing about you being out on a mail list, but if you think their logic is flawed you should prove it and not just talk.

bvbwv3 Says:

Jul 7, 2008 - Bravo. Clear and to the point.

rubenerd Says:

Jul 7, 2008 - I've forwarded this video and messages over to my economics lectures and tutors at my university. The consensus is that they grossly oversimplifies problems and doesn't addresses social issues. All one has to do is research HDI for 5 to see their solution is no silver bullet.As I thought I made quite clear already, even if their message was good, it makes me think why would they feel the need to resort to such tactics as spamming if they have salient answers to the world's economic problems.

SupplySideRules Says:

Jul 7, 2008 - Mr rubenerd: The Human Developpement Index has little meaning when you compare rich countries. If poverty in asphyxiated by taxes Sweden is measured with US standards, the percentage of poor in Sweden is 3 times the percentage in USA.You can buy a 1990 Toyota for about $1000, lot of Swedes drive that kind of old wrecks. But lots of US citizens drive -say- $25.000 2007 Toyota RAV4's. But statistics show that all of them own a car.

SupplySideRules Says:

Jul 7, 2008 - In rich countries almost anyone has enough to eat and a TV set and all that, even in no so rich countries it is so. So you must dig much deeper to see the total failure of the european welfare state.Just bring here your economics professsors so we can discuss. I know no overtaxed country that achieved decent growth without reducing the government.

SupplySideRules Says:

Jul 7, 2008 - The simple reality is that private investment (capital formation) is extremely important. China is 2nd in capital formation, and the economic growth and the decrease in poverty has been absolutely spectacular.Increasing taxes to reduce income inequality is like burning your house to bake a toast. The damage is horrific -every income group is much less rich - the gain ridiculously small -less income inequality-

SupplySideRules Says:

Jul 7, 2008 - Daniel Mitchell has done an incredible good job showing what a big failure european welfare states are. If Sweden does not fare so bad it is precisely because it has been reducing government. The big lie that european welfare states are paradise on earth is falling apart thanks to people like Dan Mitchell that shows us tons of empirical evidence in his blog freedomandprosperity . org/blog/blog . shtml

gizmosells Says:

Jul 7, 2008 - It depends on the country tax system, and too low taxes makes it harder to mass educate the population, and too high taxes creates evasion and economic inefficeincies.

CrowdPleeza Says:

Jul 7, 2008 - Was this video made before Sarkozy won the election in France? Sarkozy has been making tax reforms in France recently.

yahelc Says:

Jul 7, 2008 - (3:52) Celtic is pronounced "Keltic", not "Seltic".

BeatBandit Says:

Jul 7, 2008 - 100% agree, but the tone is all wrong.What the OECD is doing is not just anti-American, it's also anti-European, anti-French, anti-German, anti-Chinese, etc.It's proposing something that, if implemented, would be bad news for everyone.

coblin Says:

Jul 7, 2008 - "Increasing taxes to reduce income inequality is like burning your house to bake a toast."HAHA, I love this.

adamcm1993 Says:

Jul 7, 2008 - Why are American taxpayers funding something as useless and parasitic as the OECD?

fleeced Says:

Jul 7, 2008 - I think it was made after - but as he says in the vid: even their right wing politicians are left of the Democrats. This applies to Sarkozy as well.

jaar2001 Says:

Jul 7, 2008 - If by tax reform you mean adding new taxes i confirm. Sarkozy is far from being a French Thatcher, he's a socialist rightist.

AlienProphecy Says:

Jul 7, 2008 - The school system in the US is a dismal failure in comparison to how much money we pump into it. It would be better for us to work towards privatization, cut taxes so people can afford it, and require that people's children meet some level of education.

AlienProphecy Says:

Jul 7, 2008 - If you look at where Sweden was from 1870-1970, they were one of the most prosperous nations on the earth. In 1970, the enormous taxes came in, and since then, they've fallen to 13th or so in the world for per-capita gdp.

AlienProphecy Says:

Jul 7, 2008 - Why is it that people that are in favor of high taxes always seem so emotional and illogical? Can anyone explain how taking freedom away from people makes them more free?Can any of you explain how the government is better at making decisions for us than we are ourselves? Evidence, please.I can't wait until we get our taxes raised in the midst of a recession (presuming the Democrats win). What's the point of having healthcare if you can no longer afford to eat anyhting but Top Ramen?

dagimp4 Says:

Jul 7, 2008 - LOL

ourearthhome Says:

Jul 7, 2008 - The most powerful thing we could do here is to follow the advice of the maligned 19th century economist, Henry George, and completely untax labor and capital and the products thereof and institute a 100% tax on land values. Everyone understands the enormous benefit of untaxing labor and capital. Not understood is that a tax on land values recovers for society the value society gives to land which is 100% not created or earned by landowners. Nothing a person does is penalized by the land tax.

EstebanLDS Says:

Jul 7, 2008 - We have become a very regressive tax nation. This has indeed increased the levels of inequality in the United States. I believe that in order to have a more rational society, more fair tax policies have to be in implemented.