Thursday, July 23, 2009

Obama Hurting Business with "Sound Bites" and Policies That Hurt Growth (CATO)

(LR h/t)

Obama now seeking to stop Companies from Headquartering overseas to flee opressive Taxation

New video from Dan Mitchell:

Politicians who like higher taxes would like to shut down so-called tax havens so they can set up an "OPEC for politicians" and implement higher tax rates. Yet since all the evidence shows that low-tax jurisdictions are very beneficial for the global economy, the politicians often resort to dishonest demagoguery. This educational video from the Center for Freedom and Prosperity debunks President Obama's two most common smears against tax havens.
Note - Mitchell is a Senior Fellow at the Cato Institute.