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Center for
Freedom and Prosperity
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Phone: 202-285-0244
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Press Release, August 8, 2001

For Immediate Release
Thursday, August 02, 2001
202-285-0244
www.freedomandprosperity.org

New UN Tax Agenda is Threat to U.S. Taxpayers

Washington, DC According to a new study released today by the Center for Freedom and Prosperity Foundation (CFPF), the proposals endorsed in the United Nations' "Report on Financing for Development" will harm the global economy and undermine the competitive advantage of the United States.

Andrew Quinlan, president of the Center for Freedom and Prosperity Foundation, said of the study, "The UN has joined the EU and OECD in an unprecedented, all-out attack on low-tax nations like America, the UK, Switzerland, and the so-called tax havens.  Our report discusses the folly of the Tobin Tax, the Carbon Tax, the emigrant tax, information exchange and the International Tax Organization.  No matter how you slice it, these new international tax schemes would be detrimental to the United States."

The following is the executive summary of the study:

    "The United Nations (UN) recently issued a report attacking tax competition and fiscal sovereignty. There are four main recommendations in the report  - an international tax organization, global taxes, emigrant taxation, and a back-door form of tax harmonization (information exchange). Every one of these initiatives would undermine individual liberty and encourage statist economic policy. Like the Organization for Economic Cooperation and Development (OECD) and the European Union (EU), both of which are pursuing similar agendas, the UN seeks to prop up inefficient welfare states by making it difficult for taxpayers to escape oppressive tax systems. Leaders of all low-tax nations, particularly the United States, should block the UN's radical scheme."

    [August 2001, Prosperitas, United Nations Seeks Global Tax Authority, by Daniel J. Mitchell of the Heritage Foundation]

Link to full CFPF Study:
http://www.freedomandprosperity.org/Papers/un-report/un-report.shtml

Link to UN Report:
http://www.un.org/esa/ffd/a55-1000.pdf

NOTE: Center for Freedom and Prosperity Foundation is the research and educational affiliate of the Center for Freedom and Prosperity (CFP). This new CFPF publication is the second in the series of policy analysis reports entitled Prosperitas, which is Latin for "prosperity." The Prosperitas series is published periodically with new studies on issues dealing with tax competition, financial privacy, and fiscal sovereignty.

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