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Tax Competition: A Liberalizing Force in the World Economy



Uploaded by: afq2007
Video Description:
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/


Tags for this video: "flat "freedom and cf & p cfp competition freedom harmonization Mitchell oecd prosperity prosperity" quinlan Tax tax"

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Why are American ... ( 9 months ago by adamcm1993)
Why are American taxpayers funding something as useless and parasitic as the OECD?
I think it was made ... ( 8 months ago by fleeced)
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.
If by tax reform ... ( 8 months ago by jaar2001)
If by tax reform you mean adding new taxes i confirm. Sarkozy is far from being a French Thatcher, he's a socialist rightist.
The school system ... ( 8 months ago by AlienProphecy)
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.
If you look at ... ( 8 months ago by AlienProphecy)
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.
Why is it that ... ( 8 months ago by 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?
LOL ( 7 months ago by dagimp4)
LOL
The most powerful ... ( 6 months ago by ourearthhome)
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.
We have become a ... ( 6 months ago by EstebanLDS)
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.
I barely see any ... ( 4 months ago by 2132343322313)
I barely see any $1000 1990 Toyotas on the street. And I, unlike you, actually don't pull "facts" out of my ass since I happen to live here in Sweden. I don't disagree with you - but please - don't make facts up.
Well, THE USA has a ... ( 4 months ago by SupplySideRules)
Well, THE USA has a much higher standard of living than Sweden,that is what I meant. I never said you ALL were driving $1000 old wrecks. And you drive tons of ugly cheap bikes, that counts a lot too. And Stockholm has very little new buildings, that is obvious form Google Earth. Compare that with ubiquitous skyscrapers all over "no income tax" Florida or in some tax havens like Panama or take a look at Hong Kong, it has much more new skyscrapers than Manhattan.
Hong Kong with its ... ( 4 months ago by SupplySideRules)
Hong Kong with its excellent 15% or 16% flat tax, no capital gains, no dividend tax system got $41 billion in Foreign Direct Investment in 2006 but Capital and the skilled flee Sweden in enormous amounts. Stockholm looks like a city from the 60s, even ships are old while Hong Kong looks like a city from the future with amazing number of new skyscrapers. And while Sweden has enormously more land than the USA -I think Sweden density is about 20 people per square km- while USA is 40
US citizens have ... ( 4 months ago by SupplySideRules)
US citizens have much bigger houses than swedes. And Hong Kong is one of the most crowded places on earth, it has got 7.000 people by square km, an it still gets $41 in Foreign Direct Investment, more than Brazil and Mexico together. Cheers
Hi AlienProphecy. ... ( 4 months ago by SupplySideRules)
Hi AlienProphecy. High Taxes ALREADY are causing a recession / slowdown. Private investment felt because the expectations of Obama winning are very high and then people do not invest as much as they do. The FED also put too high interest rates and that create havoc but now again they are at reasonable levels. The markets are collapsing because there is a big expectation that Obama will win. Just take a look at intrade an you will see that the higher the expectations that Obama will
win are, the lowest ... ( 4 months ago by SupplySideRules)
win are, the lowest the markets fall. If the markets fall that means stocks are worth less because people are expecting less profits which means there is less incentive for private investment. So private investment is ALREADY FALLING and causing crisis and helping Obama. If I was a democrat I would talk continuously about RAISING taxes so investment collapses RIGHT NOW and a crisis happens NOW and republicans are blamed for that democrat caused crisis and so democrats win. Easy.
Before talking ... ( 4 months ago by SupplySideRules)
Before talking about Sweden I saw EVERY photograph in Google Earth. And there are lots of old ugly Volvos in Sweden, much more than in the USA. I have never been to Sweden because it is such an expensive place and it looks boring and OLD OLD OLD but I know the USA. Just read Lonely Planet Europe. Bruce Bawer in New York Tomes wrote about people driving old wrecks in Scandinavia, compared to USA. AnD there is UE vs USA by Timbro that shows with hard statistics how the standard of living is much
higher in the USA. ... ( 4 months ago by SupplySideRules)
higher in the USA. Sweden is extremely expensive, just read Lonely Planet Europe. I searched YouTube for every Stockholm video before talking and I found 2 or 3 videos about people complaining about the horrible small hotel rooms they got for they money. I am not taking facts out of my ass. And Sweden bikes are REALLY UGLY.
You know ... ( 4 months ago by SupplySideRules)
You know 2132343322313, now there is the internet, and you cannot pretend anymore that Sweden is a role model. While most US people live in beautiful individual houses, in Stockholm most of the people live in apartments, all them looking the same. That is really depressing and the snow and cold makes it even more depressing. And I doubt very much that swedish girls are more beautiful than brazilian or colombian girls, but you go on bragging about having the most beautiful girls
When I said "you" I ... ( 4 months ago by SupplySideRules)
When I said "you" I meant "swedes" brag about having the most beautiful women.
Sorry 2132343322313 ... ( 4 months ago by SupplySideRules)
Sorry 2132343322313.See this After I moved here six years ago, I quickly noticed that Norwegians live more frugally than Americans do. They hang on to old appliances and furniture that we would throw out. And they drive around in wrecks. In 2003, when my partner and I took his teenage brother to New York - his first trip outside of Europe - he stared boggle-eyed at the cars in the Newark Airport parking lot, as mesmerized as Robin Williams in a New York grocery store in "Moscow on the Hudson."
It is an article by ... ( 4 months ago by SupplySideRules)
It is an article by Bruce Bawer called "We're Rich, You're Not. End of Story." in the April 17 2005 New York Times. The article talks about Scandinavia but it is true, it never says that in Sweden people drive old wrecks. But I doubt very much that you drive much better cars than norwegians. What I meant is Human Developpement Statistics become useless once you compare rich countries because they do not make a difference between a $1000 wreck and a $24.000 Toyota RAV4. That was my point.
It was a mistake ... ( 4 months ago by SupplySideRules)
It was a mistake saying that you drive lots of $1000 Toyotas because I do not know that for sure. It was a mistake. Sorry. I needed to compare a $24.000 RAV4 with a $1000 1991 Toyota Corolla. Norway is full of oil, $12000 per person per year when oil was much much cheaper, I doubt very very much that you Swedes have a higher standard of living than norwegians since Norway always show a ridiculously high GDP. It is so high because TAXES are counted 2 times. PPP figures are more reasonable.
I don't get it.... ... ( 4 months ago by shanklinmike)
I don't get it....are you for supply-side economics or free markets?
xcon99 Not ... ( 4 weeks ago by Theman77779)
xcon99 Not entirely true. First big companies use that to expand or invest in for larger profit which creates more jobs for you and others. Second they invest it to either a) make a better product b) make that same product cheaper c) to give more jobs to more people. Thanks to these tax breaks you get a job and better + cheaper products. Also keep in mind their big profits are still taxed. All the government needs to do is cut spending so you and everyone else can benefit.



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