A Chinese Feast of Red Herrings and Libertarian Scaremongering
What is of interest, however, is to read the latest line of scaremongering from our old friend Dan "Hyperbole" Mitchell. Mitchell loves to cast the OECD as a totalitarian organisation - the article's title, Bigger Brother, underlines this point - and he doesn't hold back from raising the spectre of the OECD's plans for world domination:
Mitchell believes that the OECD and G20 push will follow roughly four stages: the break-down of existing privacy laws, followed by automatic exchange of tax information, then a drive for worldwide “tax harmonization,” and finally a push to raise corporate taxes.
Its never clear to us whether Dan actually believes a word of what he spouts, but the fact that neither the G20 nor the OECD have been pushing for automatic information exchange as the global standard (we wish they would), and no-one has mentioned the prospect of worldwide tax harmonisation now or at any time, doesn't inhibit Dan from talking complete and utter crap.
You can read the article here.