I’m not a big fan of international bureaucracies, mostly because they always seem to promote bad policy such as higher tax rates.
But the ultimate insult is that the overpaid and pampered bureaucrats receive tax-free salaries while they jet-set around the world pushing for higher taxes.
Yes, you read correctly. They demand higher taxes for everyone else, but their bloated salaries are exempt!
Today, at 11:20 AM PT: Get the Market Movements in Advance; Williams Edge Webinar for July 25th, 2014 | John Ransom