Bowing to the Global Tax Bullies

Do you think the Internal Revenue Service should have the right to share your tax information with foreign governments — even ones run by thugs and those that engage in human rights abuses and/or suppress freedom in their countries? A meeting was held in Mexico City last week under the auspices of the Paris-based Organization for Economic Cooperation and Development (OECD), whose implicit goal is to create a global high-tax cartel. It claims to be in favor of transparency and global economic growth. However, as with many domestic and international government organizations, the OECD's actions are often contrary to its words. In order to create a global tax cartel, the OECD needs to have tax information shared among nations — which means that the citizen of any country that signs on to this scheme may have his or her tax information shared with other member jurisdictions...Cato