OECD & Tax Havens

Doug Henwood dhenwood at panix.com
Sat May 12 10:54:04 PDT 2001

Max Sawicky wrote:

>The statement was utter demagogy. The OECD initiative
>is not about harmonization but about curbing tax evasion.

Amity Schlaes had yet another of her mad columns in the Financial Times arguing that tax havens are necessary to keep the tax maximizers at bay. She says it's no accident that the thing was led by the French. Of course, these clowns can't say that they & their friends would lose a lot of money if tax havens were shut down, so they have to come up with some bogus policy argument. And it's always nice to have an excuse to bash the French, esp now that Camdessus is gone.


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