When you're a tax heaven your attract all the companies and they pay their taxes in your country instead of where they really operate. See Ireland also (most bi

When you're a tax heaven your attract all the companies and they pay their taxes in your country instead of where they really operate. See Ireland also (most big tech companies have their headquarters there). see https://en.m.wikipedia.org/wiki/Tax_competition https://en.m.wikipedia.org/wiki/Tax_competition leading to https://en.m.wikipedia.org/wiki/Race_to_the_bottom https://en.m.wikipedia.org/wiki/Race_to_the_bottom