Even though this has not yet happened, the fact that it is a top priority of the GOP makes it newsworthy IMO. The OECD does everything possible to hamper competition between countries on taxes and to eliminate your individual rights to privacy. These unelected non-taxed bureaucrats need to be eliminated and de-funding them is the way to go about it. Be sure to watch the video below.
Here is more on the matter from the Center for Freedom and Prosperity.
(Washington, D.C., Friday, January 21, 2010) The Center for Freedom and Prosperity congratulates the Republican Study Committee for defunding the Organization for Economic Co-operation and Development (OECD) as part of its Spending Reduction Act. The act lists $2.5 trillion in savings over 10 years, including the $93 million annual subsidy to the OECD.
In recent months, CF&P has made defunding the OECD one of its top goals and asked the Republican Study Committee to defund the statist bureaucracy. This was part of a multi-pronged effort to increase awareness of the OECD's destructive policies, which featured coalition efforts, congressional meetings, the production of studies, and also a video highlighting 6 key reasons to halt US funding of the OECD:
1) promotion of a value-added tax in the US; 2) pursuit of an anti-tax competition agenda seeking to establish a global tax cartel; 3) endorsement of failed Keynesian spending in the US; 4) advocation of unpopular Obamacare policies; 5) call for more US spending on everything from welfare to foreign aid; and 6) support of global taxation on carbon emissions and financial transactions.
Link: http://www.youtube.com/watch?v=oVr8R41nZJU
"We are delighted that Congress is now taking seriously our call to stop wasting taxpayer money on this corrupt, failed bureaucracy," said CF&P President Andrew Quinlan. "We now urge all members of Congress to side with the interests of taxpayers over those of European bureaucrats," he concluded.
Originally created to promote economic cooperation and trade among developed countries, the OECD for decades played a benign role, collecting statistics and publishing studies. Beginning in the 1990s, however, the Paris-based bureaucracy started to pursue a policy agenda to advance the interests of the European welfare states that dominate the OECD's membership.
The United States provides almost one-fourth of the OECD's funding - far more than any other nation - yet the Paris-based bureaucracy constantly works against the interests of U.S. taxpayers.
For additional information:
Andrew Quinlan can be reached at 202-285-0244, [email protected]
Dan Mitchell can be reached at 202-218-4615, [email protected]
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