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> Although I will always be curious why countries are letting those small, insignificant islands and countries manage all this wealth, and why they're trusted t
by StuffedParrot 7y ago
> Although I will always be curious why countries are letting those small, insignificant islands and countries manage all this wealth, and why they're trusted to do it.
Probably because the people who run the state are also people who take advantage of these tax loopholes. I don't believe the US even needs foreign countries to hide taxes this well, we have better mechanisms in e.g. South Dakota.