For Immediate Release
Monday, July 16, 2001
202-285-0244

CFP's Quinlan becomes member of the Prosperity Institute's Task Force on Information
Exchange and Financial Privacy

Statement by Andrew F. Quinlan, President of the Center for Freedom and Prosperity, on becoming a member of the Prosperity Institute's Task Force on Information Exchange and Financial Privacy:

"I am pleased to be a member of the Task Force on Information Exchange and Financial Privacy. Unlimited information exchange, which is being advocated by the Organization for Economic Cooperation and Development, the European Union, and the United Nations, is a threat to the rule of law and human rights. This new task force will work with government policy makers and law enforcement officials to ensure that civil liberties are protected. I am particularly interested in working to protect America's long-term interests, which would be undermined by any agreement that compelled nations to put the laws of other countries above their own."

Daniel Mitchell, Heritage Foundation Senior Fellow, also was appointed to the Task Force. He stated:

"The best way to stop tax evasion is to shift to a territorial tax system – the common-sense notion that nations only tax the income earned inside their borders.  This long-overdue tax reform would eliminate the need to exchange information and undermine financial privacy."
 

The Center for Freedom and Prosperity is an Alexandria, Virginia-based, 501(c)(4) nonprofit, nonpartisan organization that lobbies Congress and the Administration on tax competition, financial privacy and fiscal sovereignty.

For additional comments:

Andrew Quinlan can be reached at 202-285-0244
Dan Mitchell can be reached at 202-608-6224

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