Tax Cartel

A tax cartel is the organized impediment of tax competition by governments that set and impose tax rates, regulations and rules on sovereign countries over which they have no jurisdiction. A tax cartel is designed to force smaller countries that compete on the basis of low-tax rates and banking privacy to enact minimum tax rates, end banking privacy, and to force the signing of Tax Information Exchange Agreements.

Because of their monopoly of coercion, tax cartels are a very dangerous abuse of government power. Citizens need the freedom to choose in which jurisdiction to live and invest.

Tax cartels are inclined to abuse their power. Member countries like Germany are paying lucrative rewards to bankers who steal their firm's customer data. The EU's OECD have pressured Switzerland and Luxembourg and many other offshore jurisdictions to negotiate Tax Information Exchange Agreements. Under threat of civil and criminal sanctions, banks and other financial institutions have been forced to divulge customer data.

Oppressive Tax Regimes behind the Global Tax Cartel

Australia
Belgium
Canada
Council of Europe
Denmark
European Commission
European Union
Finland
France
Germany
Greenland
Iceland
Italy
Mexico
New Zealand
Norway
Spain
United Kingdom
United Nations
United States

Organizations formed or used by the Global Tax Cartel to carry out and advocate on behalf of their agenda

Centre for the Study of Financial Innovation
Citizens for Tax Justice
Danish Institute for International Studies, DIIS
Financial Action Task Force
Global Financial Integrity - Center for International Policy
Global Forum on Transparency and Exchange of Information
International Monetary Fund
International Tax Dialogue
Nordic Tax Justice Network
Offshore Watch
Organisation for Economic Co-operation and Development (OECD)
Tax Justice Network
The Task Force on Financial Integrity & Economic Development

Particular Individuals pushing the Global Tax Cartel

United States

US President — Barak Obama

US Vice-President — Joseph Biden

Former US President — Bill Clinton

US Treasury Secretary — Timothy Geithner

Former US Treasury Secretary — Robert Rubin

Deputy Assistant Treasury Secretary — Stephen E. Shay

Chairman of the Council of Economic Advisors — Austan Dean Goolsbee

IRS — IRS Chief Counsel William J. Wilkins

National Economic Council — Larry Summers

US Senate — Sen. Carl Levin, Byron Dorgan, Max Baucus (Chairman of Finance Committee), Harry Reid

US House of Representatives — Sander Levin, Charles Rangel, Richard E. Neal, House Speaker Nancy Pelosi, John Larson, Peter DeFazio,

Former New York County District Attorney — Robert M. Margenthau

New York State Attorney General — Andrew M. Cuomo

United Kingdom

UK Prime Minister — PM David Cameron

Former UK Prime Minister — Gordon Brown

Former UK Prime Minster — Tony Blair

Italy

Italian Prime Minster — PM Silvio Berlusconi

France

French President — Nicolas Sarkozy

Germany

German Chancellor — Angela Merkel

Australia

Australian Green Leader — Senator Bob Brown

Australian Assistant Treasurer — Nick Sherry

Netherlands

Dutch State Secretary for Finance Jan Kees de Jager

Mexico

Mexico’s Minister of Finance and Public Credit — Dr. Agustín Carstens Carstens

European Union

EU President — Herman Van Rompuy

EU Foreign Minister — Catherine Ashton

EC — President Jose Manuel Barroso

EU Internal Markets Chief — Michel Barnier

European Central Bank — Jean-Claude Trichet

EU Director General of Financial Services — Jonathan Faull

OECD

(OECD) — Secretary General Angel Gurría, Deputy Secretary Generals: Aart de Geus, Pier Carlo Padoan, Mario Amano

OECD's director for center for tax policy and administration — Jeffrey Owens

Notes

1. Philip Booth, The Benefits of Tax Competition (London, Great Britain: The Institute of Economic Affairs, 2005).


Source: http://liveoffshore.com/tax-cartel