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Obama's Dishonest Demagoguery on So-Called Tax Havens

Politicians who like higher taxes would like to shut down so-called tax havens so they can set up an "OPEC for politicians" and implement higher tax rates. Yet since all the evidence shows that low-tax jurisdictions are very beneficial for the global economy, the politicians often resort to dishonest demagoguery. This educational video from the Center for Freedom and Prosperity debunks President Obama's two most common smears against tax havens.

http://www.youtube.com/watch?v=i4NfocHluh8&eurl=http%3A%2F%2...

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"Not armies, not nations, have advanced the race; but here and there, in the course of ages, an individual has stood up and cast his shadow over the world." http://www.youtube.com/watch?v=Y6pAcBXt2j8

Rationality is the recognition of the fact that nothing can alter the truth and nothing can take precedence over that act of perceiving it. Ayn Rand (1905 - 1982), Atlas Shrugged