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[PDF Version]
June 1, 2004
Dear Conference Participants,
I would like to 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. You have an exciting agenda filled with knowledgeable speakers.
I hope to receive copies of all conference materials. Like most of my colleagues in the House of Representatives, I
am a strong advocate of tax competition and I expect my efforts will be enhanced by the research generated by your proceedings.
Tax competition is a powerful force for good tax policy. It rewards governments
that lower tax rates and implement tax reform. Nations that adopt these policies – like the United States – enjoy more growth and create more jobs. Indeed, thanks to tax competition, we are seeing tax rate
reductions and other fiscal reforms all over the world. Needless to say, it would be a mistake for nations to acquiesce to tax harmonization. An "OPEC for politicians" would hinder the global shift to free market
policy.
I applaud your efforts to promote economic liberalization.
Very Truly Yours,
Ernest J. Istook, Jr. Members of Congress
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