http://www.foxnews.com/story/0,2933,42529,00.html"There is a concern that through better cooperation, you would avoid a race to the bottom" of tax competition, said Hall. "It could be a much more fair way of doing taxes, and actually help avoid double taxation for some."
That doesn't sound right to low-tax advocates. They fear decreased "tax competition" would only force foreign nationals working in the United States to pay higher taxes to their native governments or, even more disturbing, compel the United States to raise its own tax rates.
"What the U.N. is trying to do is act on behalf of high-tax nations who refuse to face the facts of the global economy," de Rugy argued. "They want to force low-tax countries to increase their taxes."