“The OECD countries are all countries that tax their populations heavily and have, for decades, recognised that if their citizens have the freedom to move their wealth to a country…” The Economic Blacklist | International Man

The OECD countries are all countries that tax their populations heavily and have, for decades, recognised that if their citizens have the freedom to move their wealth to a country that taxes them less, the home country will be limited in the amount of legalised theft they can exact upon their citizens. Since they cannot convince their citizens that paying more tax is actually in their best interest, they must either vilify the low-tax jurisdictions through false accusations of money laundering, fraud, human rights violations, etc. and/or bully the invariably smaller and less-powerful low-tax jurisdictions into compliance with “standards” which, often, they do not comply with themselves.

via The Economic Blacklist | International Man.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.