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I should have clarified - I don't propose to "ban" half the planet because they the not optimal with their laws or prosecution. Offshore usually means tax heave
by Yizahi 4y ago
I should have clarified - I don't propose to "ban" half the planet because they the not optimal with their laws or prosecution. Offshore usually means tax heavens, usually the tiny island countries with small native population and incredibly lax financial regulation or none at all. Those are the primary targets.
- sam_lowry_ 4y agoStart with Delaware.
- Yizahi 4y agoExactly this. How can such arrangement exist in the USA is strange for me.
- throwaway161718 4y agodon't forget South Dakota - it will be put most tax havens to shame. https://www.theguardian.com/world/2019/nov/14/the-great-american-tax-haven-why-the-super-rich-love-south-dakota-trust-laws https://www.theguardian.com/world/2019/nov/14/the-great-amer...
- cameronh90 4y agoSurprisingly, people do live in those places too. I was born on one and still have a lot of family there, and none of us are wealthy.