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The more governments try to control the economy and the flow of capital, the more inefficiencies and unintended consequences will be created. The entire offsho
by CryptoPunk 7y ago
The more governments try to control the economy and the flow of capital, the more inefficiencies and unintended consequences will be created.
The entire offshore investment market only exists as a result of high tax burdens. Economic resources that go to sustaining that industry would be better spent expanding production of goods and services that enhance people's lives. The tax rates of major economies are far too high and beyond what is optimal..