THE GLOBAL CONSPIRACY OF MONEY-GRUBBING TAX BULLIES
Are you aware that there is an international effort to increase taxes, including those paid by Americans?
Next Monday (Oct. 5), the Organization for Economic Cooperation and Development (OECD, based in Paris) will release its “final package of measures for a coordinated international approach to reform the tax system under the OECD/G20 Base Erosion and Profit Shifting (BEPS) Project.”
In plain English, what the OECD bureaucrats are attempting to do is put in place minimum international corporate tax rates, and companies will be required to share sensitive and proprietary information with non-Americans who may misuse it.
The OECD started life several decades ago as a trade promotion and statistical organization created by the few big, rich nations. As bureaucracies tend to do, the OECD grew in number of members and engaged in “mission creep,” most notably becoming a lobbying organization — using taxpayer money — for those wanting higher taxes.
The OECD should be re-titled OMGTB, the Organization for Money-Grubbing Tax Bullying.


