> If you don't tax commercial activity and wealth, you end up taxing work. This kills societies. In general this is true but if you are one of the few tax have

> If you don't tax commercial activity and wealth, you end up taxing work. This kills societies. In general this is true but if you are one of the few tax havens in the world then you have so much money going through that a very small percentage tax adds up to enough money to keep your citizens quiet. This only works locally though. Globally, other societies are getting screwed.