4 ms·
What about tax havens? I get the feeling lot of money which could be reinvested or taxed is going into tax havens. Not an economist.
by fifteen1506 3y ago
What about tax havens? I get the feeling lot of money which could be reinvested or taxed is going into tax havens.
Not an economist.
- gen3 3y agoGP is referring to the average worker’s retirement plan buying some form of target date fund regularly on payday. This forces the market up as a whole, since the money must go somewhere.
- scythe 3y agoTax havens are generally pass-through entities of a sort, they're not spending billions of dollars on cocktails in the Caymans. The passage through is just disguised well enough to avoid being taxed.