OECD Subsidies Are Against US Interests

08.02.2012 11:59

Amra Hasagi,

 

According to the analysis by the Center for Freedom and Prosperity Foundation, Libertas, Paris based bureaucracy, The Organization for Economic Cooperation and Development, is constantly upholding activities that promote big government agenda. Namely, the organization has supported US value-added tax (VAT) establishment, cap-and-trade policies as well as stimulus spending. It has also helped anti-tax competition project in low-tax jurisdictions since 1998. Increasingly the OECD is under the control of politicians from high-tax countries, who unwilling to reform their tax codes are using it to impose and enforce unjust protectionist measures against regions that adopted free-market policies. Moreover, it is US citizens who bear the burden of these policies through contributing to its budget and seeing OECD pushing policies not in US interest by increasing tax burdens, undermining free flow of capital and lowering economic prosperity. The case is that US taxpayers contribute more than $100 million. Citizens at large are those most severely hit by the OECD actions through urging USA to adopt value-added tax, supporting healthcare and other spending programs, and intervening in decision-making corporation taxes. With their new concept Capital Export Neutrality taxpayers should never be allowed to benefit from better tax policies in other regions/jurisdictions. In addition to this, UN global taxation on carbon, currency and financial transactions were also supported by the organization. Even more alarming is help to unions in a campaign to hinder competition in international shipping markets. To round up their activities, along with nations the Organization for Cooperation and Development searched ways to make it easier to impose high taxes, double tax income and tax income earned in other jurisdictions.