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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Peter Dierks who wrote (682302)5/15/2005 10:08:38 AM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 769670
 
""Global tax... It is just that you pointed out a real attempt to get it instituted to me this year. I am not sure I had ever heard any credible proposal for a global tax before the last few weeks.... Thank you for educating me. Oh, and thanks for scaring the cr@p out of me... SOB! (Laughing with sarcasm.)"

The OECD (Brussels-based organization of EU bureaucrats) has been pushing what they call 'global tax harmonization' for about a decade or so now.

Earliest I remember hearing about it was early in the Clinton years.

I don't know why the US continues to dance around this issue... mostly it appears to be a push by the ('old Europe') high tax countries (France, Germany, etc.) to keep away competition from the lower tax nations around the world.

A quest doomed to failure, IMO.

I believe that the US continues to embrace this organization's ridiculous quest because --- as one of the very few nations in the world that maintains the 'right' to tax it's citizens anywhere they may be in the world --- we desire the EU's cooperation in *exchanging tax information* (ie: no privacy) about everyone... the better to keep our tax collections up.