The Economic Case for Tax Havens

Statist politicians and international bureaucracies such as the OECD and UN routinely attack tax havens, claiming that they lead to "harmful tax competition." Yet at no point do critics bother to provide any evidence for this claim. This mini-documentary from the Center for Freedom and Prosperity looks at the empirical data and scholarly research and reports that tax havens actually have a very positive impact on the global economy.

Category:

News & Politics

Tags:

• Tax
• competition
• oecd
• cf&p
• cfp
• Mitchell
• quinlan
• freedom
• prosperity
• flat tax
• freedom and prosperity

[ThuggLyfe]

The "rich" already pay nearly 90% of the taxation that provides government services for the poor. Gouge them too much and they'll leave for freer economies, leaving the tax recipients with nobody to tax to support all the lavish subsidies and services they expect.

[QuashedByWatermelons]

Dear CeltaVigo1916

Tax competition meant tax rates have come down. Governments hate this--they want to bribe us at election time with our own money (collected as tax). Handouts haven't stopped poverty, despite all the promises and envy-mongering of politicians, but just enlarge bureaucracies and their control over our lives. I'd rather see lower taxes from tax competition than having to rely on subsidies from hypocritical, corrupt and fickle politicians who promise all, deliver little.

[britoca]

@ThuggLyfe exactly, and that's why a flat-tax worldwide would solve the problem

[britoca]

how can we avoid overall economic growth to protect our global natural assets?

[msacer15]

you realize the deficit that america faces right?! there is no possible way before 2060 to balance the budget unless you raise revenue! tax cuts when you have a deficit makes NOOOOO SEENNSSSEE. LOOK at the NUMBERS. i know you conservatives hate numbers, but they show the undisputed truth. right now they are arguing over small potatoes cuts (non-defense spending) Its a Big joke! If you conservatives are serious about getting rid of the deficit then raise taxes!

[msacer15]

corporate robot. look at the real numbers with all the tax breaks going to really rich people they end up making more money. 400 of the top paid americans make as much as the bottom 150 million americans. look it up. what this guy is promoting is reditribution of wealth. he will promote all these tax cuts and then when the country is not making enough revenue, he will turn around and blame the poor and cut cut cut all their programs. lol i repeat corporate robot.

[CeltaVigo1916]

@CeltaVigo1916 yo dimwit. last two posts are for you.

[CeltaVigo1916]

@SuperGuitarman69 sorry supergran - that last post was supposed to be for QuashedByWatermelons

[CeltaVigo1916]

@SuperGuitarman69 I'd recommend "Organisations and Oligarchy" by Robert Michels (1913), I'd be fairly surprised if you had the intelligence to actually get through it and understand what he's saying though.

[CeltaVigo1916]

@SuperGuitarman69 Yeah, of course you're right. Taxes by their very nature is theft. We should never have had taxes. That way we would have never have been able to pay the judges to bring about common law in England in the 18 hundreds which led to our current legal system which doesn't allow us to bash idiots like yourself over the head with a baseball bat. You're obviously minted (and stupid but that's beside the point). Go look at a film like the Inside Job, or read some paper.

[SuperGuitarman69]

@CeltaVigo1916 Tax havens is morally correct. Taxes by their very nature is theft. One is born into a system of servitude. Left to their own devices people would buy and sell to meet their needs in a win win environment. Government by it's very nature, once it abandons laws to protect citizens personal property and lives, are corrupt to their core. You as many have been programmed to believe that taxes help the poor. They do NOT. That is the flaw in the leftist limited brain capacity.

[SuperGuitarman69]

@Juliazer Tax competition has shown itself in America. The states with the highest taxes are the states the most upside down. When states raise taxes they receive less revenue. This has been crystal clear throughout history. So, the only argument about taxation is low taxes. If you take away tax competition then we cease to be America. Now, I know that's what you leftist want. Taxes locked in. But you will destroy America driving out the last of the business that remains. We will stop you!!