> The Cayman islands along with a few other tax havens play a nasty and selfish role in today's financial system that gives rich companies and rich people a mas

> The Cayman islands along with a few other tax havens play a nasty and selfish role in today's financial system that gives rich companies and rich people a massive advantage while hurting everyone else. This is where you demonstrate your ignorance and bias. Yes, there are American laws which allow US companies to minimize their global tax burden, but those are on America, not Cayman. The best we can do is ensure the money is well documented and visible, which we do. Cayman is used not because of tax friendliness, but because if you’re going to put money somewhere which isn’t a major economy Cayman is the easiest and safest place to do so. It’s a neutral third location. It’s easy because we comply with every global financial interop and transparency regulation. It’s safe because we have a large and strong financial services industry with British law. And Cayman does not “generously skim” for ourselves. We have pretty minimal fees and a local economy of professionals. The primary way we benefit is services and expertise, which is how we level up our country and a contribution to the global economy.