Run time: 09:17
https://www.youtube.com/watch?v=Xf14lkyH2dM
Posted on YouTube: October 22, 2008
By YouTube Member: afq2007
Views on YouTube: 18553
Posted on DU: June 30, 2011
By DU Member: TrollBuster9090
Views on DU: 1051 |
Given last nights Maddow segment on tax havens, I thought it would be good to show you how the plutocratic elites of the country (or the "Economic Royalists" as Al Gore and FDR called them) view the practice of avoiding paying taxes by stashing your money in the Bahamas, or in Switzerland instead of giving it to the "thieves" at the IRS.
For your amusement, here is a series of videos from the Koch-funded Cato Institute explaining why it's actually MORAL to live in the United States, benefit from all the services, rights and freedoms provided by the government of the United States, while allowing the people you employ to scrub your floors, clean your toilets and polish your golf clubs to pay for it all on your behalf.
The first video (above) explains why tax havens are actually MORAL. (Basically...gubmint is bad, taxation is theft by "statists" etc. you know the drill.)
Why tax havens are moral:
http://www.youtube.com/watch?v=Xf14lkyH2dMThen we move on to the ECONOMIC reasons why tax havens are good. Basically, they're great because they put "competitive downward pressure" on countries to keep their taxes low by providing low-tax competition. Sort of the same way car thieves put competitive pressure on the automotive industry to keep the price of cars low by selling stolen cars at a lower price than you can buy them from a dealer. But hey...competition is GOOD, right? Adam Smith SAID SO!
The case for tax havens making good "economic" sense.
http://www.youtube.com/watch?v=yi0lkJBTi58And finally, their video on myths and facts about tax havens:
http://www.youtube.com/watch?v=aTfZADGK6TYI tell you, if you look at the number of libertarian geeks who are eating this stuff up, you have to think that funding the Cato Institute was the best investment the Koch brothers ever made.