President Obama’s Dishonest Demagoguery

July 21, 2009 by Dan Mitchell

Politicians exaggerate as a routine matter and have well-deserved reputations for stretching the truth. But when they repeatedly make assertions that they (or their aides) know to be false, they surely deserve to be criticized. That is the purpose of my new video. Entitled “President Obama’s Dishonest Demagoguery on So-Called Tax Havens,” the four-minute presentation looks at the two sound bites that the President uses to demonize low-tax jurisdictions.

Posted in Fiscal Policy, Sovereignty, Tax Haven, Taxation, Video | Tagged Economics, Fiscal Policy, Free Markets, Tax Haven, Taxation, Video | 51 Comments

51 Responses

on July 23, 2022 at 9:06 pm Daniel Mitchell article Wealth Taxation and Economic Suicide | The Daily Hatch

[…] Dishonest leftists who understand economics but pretend that tradeoffs don’t exist (the “demagogues“). […]
on October 28, 2021 at 11:57 pm America in Debt Damage Zone | The Daily Hatch

[…] Dishonest leftists who understand economics but pretend that tradeoffs don’t exist (the “demagogues“). […]
on October 28, 2021 at 11:33 pm Democrats Rush to Pass Radical Tax Schemes | The Daily Hatch

[…] Dishonest leftists who understand economics but pretend that tradeoffs don’t exist (the “demagogues“). […]
on October 24, 2021 at 8:24 pm Daniel Mitchell article Biden’s Befuddlement on Corporate Taxation | The Daily Hatch

[…] Dishonest leftists who understand economics but pretend that tradeoffs don’t exist (the “demagogues“). […]
on October 24, 2021 at 12:52 pm Biden’s Befuddlement on Corporate Taxation | International Liberty

[…] Dishonest leftists who understand economics but pretend that tradeoffs don’t exist (the “demagogues“). […]
on April 9, 2021 at 8:01 am AIER: Three Reasons to Reject Biden’s Tax Harmonization Scheme for “Global Minimum Taxation” – Lower Valley Assembly

[…] you want more information, here’s a three-part video series on tax havens, and even a video debunking some of Obama’s demagoguery on the […]
on April 7, 2021 at 5:00 pm Dan Mitchell article on President Biden’s Tax Ideas | The Daily Hatch

[…] If you want more information, here’s a three-part video series on tax havens, and even a video debunking some of Obama’s demagoguery on the […]
on April 7, 2021 at 9:30 am Three Reasons to Reject Biden’s Tax Harmonization Scheme for “Global Minimum Taxation” | International Liberty

[…] If you want more information, here’s a three-part video series on tax havens, and even a video debunking some of Obama’s demagoguery on the […]
on November 13, 2019 at 12:50 pm The Paris-Based OECD’s Ongoing Effort to Replace Tax Competition with Tax Harmonization | International Liberty

[…] more information, about 10 years ago, I narrated a three-part video series on tax havens, and even a video debunking some of Obama’s demagoguery on the […]
on September 1, 2019 at 3:29 pm A Primer on Tax Competition and the OECD | International Liberty

[…] sick of seeing me on the screen, I also have a three-part video series on tax havens and even a video debunking some of Obama’s demagoguery on the […]
on April 9, 2019 at 9:34 am The Case for Tax Competition | International Liberty

[…] years ago, I narrated a video on tax competition, a three-part video series on tax havens, and even a video debunking some of Obama’s demagoguery on the […]
on March 12, 2019 at 1:08 pm Cross-Border Investment Threatened by Extraterritorial Tax and Regulatory Policy | International Liberty

[…] rules is a comparatively small amount of additional tax revenue for politicians (Obama originally promised $100 billion annually from FATCA and the actual law is projected to collect than $1 billion per […]
on June 20, 2018 at 12:15 pm What’s the Best Way of Boosting Tax Compliance, Lower Tax Rates or More Oppressive Enforcement? | International Liberty

[…] P.P.S. The Wall Street Journal’s editorial mentioned Ugland House in the Cayman Islands. That’s the building that featured in some of Barack Obama’s dishonest demagoguery. […]
on March 2, 2017 at 1:12 pm Will the International Nightmare of FATCA Finally Be Repealed? | International Liberty

[…] But will GOPers deliver on that promise? Especially if the left unleashes the kind of demagoguery we often see in Congress and that we saw from Obama during the 2008 campaign? […]
on January 18, 2017 at 9:36 am Oxfam: A Leftist Joke, not a Real Charity | International Liberty

[…] since we’re looking at videos, here’s my video on Obama’s anti-tax haven […]
on May 14, 2015 at 2:48 pm Another Leftist Joins the Hypocrite Hall of Fame | International Liberty

[…] I’m sure nobody will be surprised to learns that Obama has played a destructive role in these […]
on May 12, 2015 at 6:11 am The Venal Corruption of the Political Class | International Liberty

[…] such considerations don’t matter to politicians who like to demagogue about the supposed pot of gold at the end of the rainbow of overseas Americans. So we get awful […]
on February 16, 2015 at 1:05 pm America’s Anti-Competitive and Anti-Comity International Tax System, Part II | Lex Rex for All

[…] during the 2008 campaign, Obama claimed that laws like FATCA would generate $100 billion per year. From the perspective of tax collectors, […]
on February 16, 2015 at 12:09 pm America’s Anti-Competitive and Anti-Comity International Tax System, Part II | International Liberty

[…] during the 2008 campaign, Obama claimed that laws like FATCA would generate $100 billion per year. From the perspective of tax collectors, […]
on June 25, 2014 at 1:43 am Open letter to President Obama (Part 612) Hypocritical leftists take advantage of tax havens!!! | The Daily Hatch

[…] To refresh your memory, pay attention beginning at the 1:135 mark of this video. […]
on January 27, 2014 at 8:28 am Big government mean overpaid bureaucrats who loaf and it encourages dishonesty!!!! | The Daily Hatch

[…] Obama, for instance, has been so critical of tax havens that he’s been caught making utterly dishonest statements on the […]
on January 26, 2014 at 4:46 am Are Government Bureaucrats Corrupt and Dishonest?

[…] Obama, for instance, has been so critical of tax havens that he’s been caught making utterly dishonest statements on the […]
on January 25, 2014 at 8:35 am Are Government Bureaucrats Corrupt and Dishonest? | International Liberty

[…] Obama, for instance, has been so critical of tax havens that he’s been caught making utterly dishonest statements on the […]
on August 11, 2013 at 7:09 am More Americans Going Galt | International Liberty

[…] on “tax havens” would generate $100 billion every year. If you don’t believe me, click here and listen to his words at the 2;30 […]
on June 5, 2013 at 12:46 pm Hypocritical leftists take advantage of tax havens!!! | The Daily Hatch

[…] To refresh your memory, pay attention beginning at the 1:135 mark of this video. […]
on June 5, 2013 at 10:17 am Moral of the Story: Tax Havens Are Okay if You’re a Politically Connnected Leftist | International Liberty

[…] To refresh your memory, pay attention beginning at the 1:135 mark of this video. […]
on April 7, 2013 at 6:07 pm According to Washington Post Exposé, People Who Utilize Tax Havens Are Far More Honest than Politicians | International Liberty

[…] that Senator Levin is not the only dishonest demagogue in Washington. If you pay close attention around 1:25 and 2:25 of this video, you’ll see that the current resident of 1600 Pennsylvania Avenue also has an unfortunate […]
on February 9, 2013 at 5:48 pm Another Hypocritical Leftist Caught with His Hand in the Tax-Haven Cookie Jar « International Liberty

[…] you’ll notice in this video that a certain presidential candidate referenced Ugland House back in […]
on December 7, 2012 at 9:24 am Guided by the Spirit of Fox Butterfield, the New York Times Inadvertently Confirms that Tax Competition Is Needed to Curtail Government Greed « International Liberty

[…] is needed to restrain greedy politicians, so he scores a goal against the statists. But, unlike our President and some others who are even more radical, I don’t think he was trying to advance the […]
on November 12, 2012 at 8:17 am Open letter to President Obama (Part 168.5) « HaltingArkansasLiberalswithTruth

[…] of $100 billion per year. Obama threw around that make-believe number in the 2008 campaign, as seen in this video. But as shown in the final video of this post, the $100 billion figure was concocted out of thin […]
on July 19, 2012 at 3:03 pm Dan Mitchell of Cato Institute taking up for Romney « HaltingArkansasLiberalswithTruth

[…] of $100 billion per year. Obama threw around that make-believe number in the 2008 campaign, as seen in this video. But as shown in the final video of this post, the $100 billion figure was concocted out of thin […]
on July 14, 2012 at 11:55 pm renounceuscitizenship

Reblogged this on Freedom from the tyranny of U.S. citizenship-based taxation for U.S. and dual citizens outside the U.S. and commented:
Thanks again – your posts should be spread far and wide!
on July 14, 2012 at 11:52 pm renounceuscitizenship

Thanks for a brilliant analysis:

Thanks to Dan Mitchell for exposing @BarackObama disingenuous comments about tax havens http://t.co/E6VimKf4 @AAforObama #FATCA #FBAR

— U.S. Citizen Abroad (@USCitizenAbroad) July 15, 2012
on July 14, 2012 at 10:02 am Since Mitt Romney Won’t Defend Himself, I Guess It’s Up to Me to Debunk the Left’s Tax Haven Demagoguery « International Liberty

[…] of $100 billion per year. Obama threw around that make-believe number in the 2008 campaign, as seen in this video. But as shown in the final video of this post, the $100 billion figure was concocted out of thin […]
on May 17, 2012 at 10:44 am Time for Me to Defend My Work on Tax Havens | Cato @ Liberty

[…] with total certainty that the left’s claims are absurd. During the 2008 campaign, for instance, then-candidate Obama said that his anti-tax haven policies would generate $100 billion every year. When his law was enacted in 2010, that huge amount of money shrank to only $870 million per year. […]
on April 19, 2012 at 9:49 pm Time for Me to Defend My Work on Tax Havens | Sago

[…] with total certainty that the left’s claims are absurd. During the 2008 campaign, for instance, then-candidate Obama said that his anti-tax haven policies would generate $100 billion every year. When his law was enacted in 2010, that huge amount of money shrank to only $870 million per year. […]
on April 18, 2012 at 9:48 am Time for Me to Defend My Work on Tax Havens « International Liberty

[…] with total certainty that the left’s claims are absurd. During the 2008 campaign, for instance, then-candidate Obama said that his anti-tax haven policies would generate $100 billion every year. When his law was enacted in 2010, that huge amount of money shrank to only $870 million per year. […]
on January 2, 2012 at 4:58 am Obama Has United the World … in Opposition to Bad U.S. Tax Policy | Cato @ Liberty

[…] FATCA will transfer more money from the productive sector of the economy to the government. Indeed, Obama argued during the 2008 campaign that cracking down on “tax havens” with proposals such as FATCA would give politicians […]
on December 30, 2011 at 1:48 pm Obama Has United the World...in Opposition to Bad U.S. Tax Policy - Forbes

[…] FATCA will transfer more money from the productive sector of the economy to the government. Indeed, Obama argued during the 2008 campaign that cracking down on “tax havens” with proposals such as FATCA would give politicians […]
on December 30, 2011 at 1:01 pm Obama Has United the World…in Opposition to Bad U.S. Tax Policy | PERSUASION IN INK

[…] FATCA will transfer more money from the productive sector of the economy to the government. Indeed, Obama argued during the 2008 campaign that cracking down on “tax havens” with proposals such as FATCA would give politicians […]
on December 30, 2011 at 12:25 pm Obama Has United the World…in Opposition to Bad U.S. Tax Policy « News « @griffinrc

[…] FATCA will transfer more money from the productive sector of the economy to the government. Indeed, Obama argued during the 2008 campaign that cracking down on “tax havens” with proposals such as FATCA would give politicians […]
on December 30, 2011 at 12:13 pm » Obama Has United the World…in Opposition to Bad U.S. Tax Policy - Big Government

[…] FATCA will transfer more money from the productive sector of the economy to the government. Indeed, Obama argued during the 2008 campaign that cracking down on “tax havens” with proposals such as FATCA would give politicians […]
on December 30, 2011 at 8:43 am Obama Has United the World…in Opposition to Bad U.S. Tax Policy « International Liberty

[…] FATCA will transfer more money from the productive sector of the economy to the government. Indeed, Obama argued during the 2008 campaign that cracking down on “tax havens” with proposals such as FATCA would give politicians […]
on September 5, 2011 at 10:03 am » Are Tax Havens Moral or Immoral? - Big Government

[…] In other words, there is nothing nefarious about Ugland House, just as there is nothing wrong with the small building in Delaware that is home to more than 200,000 companies. Obama, by the way, demagogued about Ugland House during the 2008 campaign. […]
on July 22, 2011 at 10:13 am Senator Kent Conrad: Is He a Clown, Hack, or Demagogue? « International Liberty

[…] lied about the number of companies at Ugland House? No, the Senator is correct (unlike Obama, who demagogued about the same building during the 2008 campaign, but said there were 12,000 […]
on June 21, 2011 at 3:04 am FATCA Law Is a Nightmare for Cross-Border Economic Activity | Cato @ Liberty

[…] “benefit” is more tax revenue. So how does FATCA score on this basis? During the 2008 campaign, Obama claimed this policy would generate $100 billion of additional revenue every year. When it came time to score the legislation, however, the Joint Committee on Taxation predicted […]
on June 20, 2011 at 3:13 pm Surprise: Obama’s Onerous Tax Provision Very Popular with International Tax-Set Crowd »• CWNews CWNews

[…] “benefit” is more tax revenue. So how does FATCA score on this basis? During the 2008 campaign, Obama claimed this policy would generate $100 billion of additional revenue every year. When it came time to score the legislation, however, the Joint Committee on Taxation predicted […]
on June 20, 2011 at 7:34 am FATCA Law is an International Version of Obamacare’s 1099 Provision, a Nightmare for Cross-Border Economic Activity that Is Undermining Investment in America « International Liberty

[…] is more tax revenue. So how does FATCA score on this basis? During the 2008 campaign, Obama claimed this policy would generate $100 billion of additional revenue every year. When it came time to score the legislation, however, the Joint Committee on Taxation predicted […]
on January 24, 2011 at 7:40 pm English Anti-Tax Haven Ideologues Are Just as Foolish and Ignorant as their American Cousins « The Market Center Blog

[…] Or, perhaps, could it be the case that leftists on both sides of the Atlantic don’t like tax competition? But rather than openly argue for tax harmonization and other policies that would lead to higher taxes and a loss of fiscal sovereignty, they think they will have more luck expanding the power of government by employing demagoguery against the big, bad, multinational companies and small, low-tax jurisdictions. […]
on January 24, 2011 at 4:09 am English Anti-Tax Haven Ideologues Are Just as Foolish and Ignorant as their American Cousins

[…] Or, perhaps, could it be the case that leftists on both sides of the Atlantic don’t like tax competition? But rather than openly argue for tax harmonization and other policies that would lead to higher taxes and a loss of fiscal sovereignty, they think they will have more luck expanding the power of government by employing demagoguery against the big, bad, multinational companies and small, low-tax jurisdictions. […]
on January 23, 2011 at 4:11 pm English Anti-Tax Haven Ideologues Are Just as Foolish and Ignorant as their American Cousins « Sago

[…] Or, perhaps, could it be the case that leftists on both sides of the Atlantic don’t like tax competition? But rather than openly argue for tax harmonization and other policies that would lead to higher taxes and a loss of fiscal sovereignty, they think they will have more luck expanding the power of government by employing demagoguery against the big, bad, multinational companies and small, low-tax jurisdictions. […]

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