The Market Center Blog

Center for Freedom and Prosperity Foundation

For Immediate Release
Wednesday, September 10, 2008
202-285-0244
www.freedomandprosperity.org
 

New Video Highlights Benefits of
Tax Havens for Global Economy

(Washington, DC, Wednesday, September 10, 2008) The Center for Freedom and Prosperity Foundation today released a mini-documentary discussing the global economic benefits generated by low-tax jurisdictions.  The CF&P Foundation's new video, entitled The Economic Case for Tax Havens, makes a compelling and succinct case showing that these market-friendly regimes have led to better tax policy, faster economic growth, greater government accountability and higher living standards around the world. Narrated by Dan Mitchell of the Cato Institute, the video cites empirical and  historical evidence to illustrate the many positive contributions of tax havens.

Youtube Link: http://www.youtube.com/watch?v=yi0lkJBTi58

Other Links to the video:
            EyeBlast.TV | Google | Yahoo | Capitol Hill Broadcast Network

Andrew Quinlan, the president of the CF&P Foundation, remarked "The video shows how we all benefit from tax havens. The evidence for the positive impact of low-tax jurisdictions is overwhelming and we're excited to release this compelling video."

The mini-documentary explains what defines a tax haven and why they generate prosperity.  From tiny islands in the Caribbean to Manhattan and London, havens provide tax-efficient platforms for productive economic behavior.  Dan Mitchell also explains the contribution tax havens make to poverty reduction and sound institutions.

Executive Summary for The Economic Case for Tax Havens:

"Statist politicians and international bureaucracies such as the OECD and UN routinely attack tax havens, claiming that they lead to "harmful tax competition." Yet at no point do critics bother to provide any evidence for this claim. This mini-documentary from the Center for Freedom and Prosperity looks at the empirical data and scholarly research and reports that tax havens actually have a very positive impact on the global economy."

The following is the link to other CF&P Foundation videos including Tax Competition Primer, Global Flat Tax Revolution, Cutting the U.S. Corporate Income Tax and a three-part series on the Laffer Curve.
Link: http://www.freedomandprosperity.org/videos/videos.shtml
 

Web Links to The Economic Case for Tax Havens video:

Youtube
http://www.youtube.com/watch?v=yi0lkJBTi58

EyeBlast.TV
http://www.eyeblast.tv/public/video.aspx?RsrcID=35425

Capitol Hill Broadcast Network
http://www.chbn.com/Clip.aspx?key=B0D9F81CEC3B118A

Google
http://video.google.com/videoplay?docid=3007895420911355747&hl=en

Yahoo
http://video.yahoo.com/watch/3474105/9667802

*  *  *  *  *
Note: Video Contest Winner: Intellectual Property Rights

As part of the Center for Freedom and Prosperity Foundation's video project, we sponsored a contest for students at the University of South Florida. The winning entry discusses the role of intellectual property rights.

Links:

     YouTube:
     http://www.youtube.com/watch?v=B3HHeyM1KQM

     Google:
     http://video.google.com/videoplay?docid=-125736459841895711&hl=en

     Yahoo
     http://video.yahoo.com/watch/3471629/9664148

For additional comments:
Andrew Quinlan can be reached at 202-285-0244, andy@freedomandprosperity.org
Dan Mitchell can be reached at 202-218-4615, dmitchell@cato.org

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