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[PDF Version]
June 2, 2004
Dear Friends,
I join with the Heritage Foundation, the Center for Freedom and Prosperity and the Friedrich Naumann Stiftung in welcoming you to the June 2nd Tax Competition conference. Like many of my Senate
Colleagues, I am a strong opponent of tax harmonization schemes. The sovereign right of governments to set their tax policies should not be affected by other governments.
Fair Tax Competition is a beneficial
force for people in the world's economy. It encourages lawmakers to lower tax rates and reduce the double-taxation of savings and investment. As we have seen in the United States, reduced tax rates lead to stronger
economic growth, investment, and more job creation.
I look forward to receiving copies of the papers and discussion materials from your Conference. I applaud your commitment to pro-growth, individual freedom
policies. Stay strong for Freedom!
With warm regards, I remain
Sincerely,
George Allen
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