Tax Competition: A Liberalizing Force in the World Economy

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/

• Category

  News & Politics

[mrwombator]

Wow, you really think that it is a failure of free economy? Man, you need to read... (books, not magazines) instead of watching TV.

[AlienProphecy]

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?

[flake452]

Top tax rate was actually 98% here in the UK it was 83% with 15% surcharge for "unearned income".

[goPistons06]

dan, i love your videos, but i think calling germany statist is an exaggeration.

[xaviqaz]

The size of American manufacturing is almost three times larger than the german. And it is far from being "ruined". Think about it: semiconductors, aerospace, industrial machinery, agricultural and construction equipment, medical equipment... America is a leading exporter in those areas. Germany makes better cars? OK, is true.

[Donal Lynch]

That gas station is not paying for your schools, infrastructure and Health Care.

Thatcher ruined Britain's manufacturing sector and Reagan (and Bush) smashed through Americas debt ceiling. Thatcher is hated in Britain but Reagan is hailed as a King.

France has amazing public amenities. Germany has a powerful manufacturing. Both are healthier the America. They all have similar GDP per capita but America lost it's triple A rating as they didn't raise their taxes.

[thisisbunk]

Notice he doesn't cover taxation for individuals. That would of course betray his advocation of Reagan and Thatcher. His presentation overall makes a powerful point, but the examples given are fodder for those who see libertarians as corporate defenders instead of the real purpose for which the political philosophy serves: to empower individuals.

[herbs814]

"harmful" tax competition?!? there is no such thing. only spoiled elitist control-freaks would think lower tax rates would ever be "harmful". To honest people, lower taxes are always better.