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Tag Archive: OECD


We’re Number 32!

 

 

 

 

 

” Any day now the White House and Sen. Charles Schumer (D., N.Y.) will attempt to raise taxes on business, while making the U.S. tax code even more complex. The Obama and Schumer plans to punish businesses for moving their legal domicile overseas will arrive even as a new international ranking shows that the U.S. tax burden on business is close to the worst in the industrialized world. Way to go, Washington.

  On Monday the Tax Foundation, which manages the widely followed State Business Tax Climate Index, will launch a new global benchmark, the International Tax Competitiveness Index. According to the foundation, the new index measures “the extent to which a country’s tax system adheres to two important principles of tax policy: competitiveness and neutrality.” “

 

 

 

 

 ” A competitive tax code is one that limits the taxation of businesses and investment. Since capital is mobile and businesses can choose where to invest, tax rates that are too high “drive investment elsewhere, leading to slower economic growth,” as the Tax Foundation puts it.

  By neutrality the foundation means “a tax code that seeks to raise the most revenue with the fewest economic distortions. This means that it doesn’t favor consumption over saving, as happens with capital gains and dividends taxes, estate taxes, and high progressive income taxes. This also means no targeted tax breaks for businesses for specific business activities.” Crony capitalism that rewards the likes of green energy with lower tax bills while imposing higher bills on other firms is political arbitrage that misallocates capital and reduces economic growth.

  The index takes into account more than 40 tax policy variables. And the inaugural ranking puts the U.S. at 32nd out of 34 industrialized countries in the Organization for Economic Co-operation and Development (OECD).”

 

 

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So Much For The Mediterranean Diet — Greece & Italy Have The World’s Most Overweight Kids

 

Overweightkids

 

 

” Most people know that the United States has a childhood obesity problem. Less well known is that according to the latest data from the OECD is that we are not actually the world leaders in experiencing this issue. It’s Greece and Italy who have the most overweight kids.”

 

 

    For the skeptics who grouse of the above table referencing only boys , the table below includes girls and America still comes in fifth , not first as the media continually trumpets .

 

Childhood Obesity Rates Worldwide

 

 

 

 

    Just another reminder of the constant stream of lies , falsehoods and propaganda foisted on the American public by the self-anointed “gatekeepers of the truth” in the Lamestream Media . Read more at Vox

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

China ‘To Overtake America By 2016’

 

 

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” China is on track to overtake America as the world’s biggest economy in 2016 as its growth accelerates, according to a report by the Organisation for Economic Co-operation and Development.

“China has weathered the global economic and financial crisis of the past five years better than virtually any OECD country and than many other emerging economies,” said the OECD.

“It is well placed to enjoy a fourth decade of rapid catch-up and improving living standards,” the tank added. However, it did point to risks such as property prices and potential tension arising from social inequalities and an ageing population.”