-Caveat Lector-

http://www.boortz.com/nealznuz.htm

EVER HEARD OF �HARMFUL TAX COMPETITION?� WELL --- YOU WILL I
don�t have time to write too much on this subject right now.
Here�s a quickie.

There�s an organization based in Paris called the Organization of
Economic Cooperation and Development.  OECD.

OECD released a report recently called �Towards Global Tax
Co-operation.� This report calls on member nations (The U.S. is a
member) to pressure nations with low taxes to dismantle their
�harmful tax regimes.� The concern is that when a nation lowers
its taxes that nation then finds itself in an improved
competitive position.  This is just not fair to nations with
higher taxes.  OCED is talking about financial sanctions against
nations who don�t tax their citizens at a high enough rate.

Is this part of our future?  Will some international organization
soon have the power to impose economic sanctions against the US
if we dare to lower our taxes?  You do know that many Democrats
complain that our taxes aren�t as high as those in some other
countries.

Perhaps a peek into our future?

http://www.newsmax.com/articles/?a=2000/10/3/213445
http://www.heritage.org/library/backgrounder/bg1395es.html


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