Trump Cut America’s Taxes: Now He Should Defund OECD Efforts to Raise Them
The OECD’s BEPS project and the resulting Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS are nothing more than international tax regulators’ latest attempt to increase taxes on international businesses. The OECD proposal aims to centralize and harmonize global tax rules and increase effective tax rates on international firms. If the European states continue to find value in OECD products to support larger and more intrusive governments, they should find a way to fund those activities without the help of the American taxpayer. The OECD should not be provided with the confidential tax information of U.S. companies and citizens and, through privatization, it should be given the opportunity to sell its research in the marketplace―instead of imposing the cost of producing its pro-tax research on American taxpayers.