The Organization for Political Collusion and Despoliation

I recommend this article about the Organization for Economic Cooperation and Development (OECD).

It reminds us here, if any of us need reminding, that even if we do manage to shake our country loose from the EU, there is still a ghastly alphabet soup of international organisations lying in wait for us.

Representing mostly high-tax European nations, the OECD thinks it is unfair when jobs and investment move from high-tax to low-tax nations. The bureaucrats are particularly upset that so-called tax havens provide a refuge for oppressed taxpayers from welfare states like France, Germany, and Sweden. As part of its anti-tax competition project, the OECD met in Berlin for a two-day conference during the first week of this month, hoping to bully tax havens into helping high-tax nations track and tax flight capital.

Using various threats, the OECD is pushing low-tax countries into providing information about nonresident investors to foreign tax authorities, meaning that any benefit of investing elsewhere disappears once European tax collectors can impose taxes on money invested outside their borders.

Acting as the Gambino family of the tax world, the OECD has pressured places like Anguilla and Panama to sign “commitment letters” pledging to participate in something called “information exchange” – an odd term for a one-way flow of data from “tax havens” to high-tax governments.

The writer of this, Joel Mowbray, focuses on the US contribution of $50 million per annum to this evil enterprise. But what this makes me think of is the fact that, following their recent electoral success, Britain’s UKIP is now being challenged by its enemies to work out some other policies, besides merely saying a big NO to the EU. And I say to such challengers, be careful what you wish for.