During a visit to the World Bank this week, I got a sobering lesson about the degree to which the people working at international bureaucracies, including the Organization for Economic Cooperation and Development, dislike tax competition.

For years, these organizations—which are funded with our hard-earned tax dollars—have bullied low-tax nations into changing their tax privacy laws so uncompetitive nations can track taxpayers and companies around the world. The global bureaucrats want to rewrite the rules of international commerce to protect uncompetitive nations, such as France, from the consequences of reckless fiscal policy, writes Veronique de Rugy.

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