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Tax Protestor Dummies 2 > Cases
("Damn, We Lost Again! And
why is it
that people who sell
tax protestor materials file their tax returns anyway . . .")
OFFICE OF THE HOUSE MAJORITY LEADER
March 16, 2001
 Recent news reports indicate that Treasury Secretary Paul O'Neill is reevaluating
the Clinton Administration's support for the Organization for Economic Cooperation
and Development's (OECD) initiative to eliminate "harmful tax competition.
 House Majority Leader Dick Armey (R-TX) made the following statements
in a letter to U.S. Treasury Secretary Paul O'Neill, encouraging him to withdraw
U.S. support for the OECD initiative.
 "I encourage you to act quickly to reverse the previous administration's
misguided policy. Many low tax nations, facing a threat of financial protectionism
as early as this July, are under tremendous pressure to comply with the OECD's
demands. As the world's largest economy, but also as the nation that symbolizes
freedom and entrepreneurship, we have a moral obligation to come to the aid
of these persecuted regimes.
 "It is my understanding that career personnel are urging you to support
the Clinton Administration viewpoint on the grounds that the OECD initiative
is needed to reduce tax evasion. This is a red herring. A global network of
tax police is the wrong approach.
 "By every possible criterion, the OECD's effort is misguided. It is
designed, in effect, to create a tax cartel for the benefit
of a small handful of high-tax nations. These countries are
seeking to impede the flow of global capital, and the U.S.
economy -- with its comparatively attractive tax system --
will suffer if they succeed. I look forward to working with
you to stop the OECD's initiative and to adopt, instead, common-sense
proposals that will maintain tax competition and the sovereignty
of all nations."
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