The Moral Case for Tax Havens

Wow, common sense. Maybe this guy needs to run for office....some sanity in Congress maybe.
This is why ALL US federal transfer payments should be banned so that States can compete on taxes.

Income taxes are upside down, where fed rates are 39% and State rates are 5-10%. Fed should be max 5% and States should be 39%, if they want all the nonsense social programs.

No you don't peace.What has happened only serves to vindicate what we belived from the get go.You have a bunch of spoiled rich people who have lived high on the hog for far too long who don't value the people that have made them great.They want to reap the benefits of living in this country while avoiding the responsibility.If you make more you pay more.. It only makes sense.While he raises some valid points about other countries those things don't apply to the US.

What a slime ball !!!!!!!!!!!!!!!!!!!!!!

now they can go after accounts in sweden
cook islands and panama are the best places
dick cheney moved his company to dubi
serars in panama now
fed x in panama now

Re - Zimbabwe and Argentina: If their dollars collapse, it doesn't matter WHERE you put the money.  It will still be worthless via inflation.
The best thing they could do is to exchange their money for gold or Euros and keep it offshore. That's the way to do it.

Great vid, that shall chop those pollies up

Fantastic video... puts this issue in perspective. Competition is good for governments, just look at the disaster that Western governments have allowed to happen in their own backyards.

They didn't cause it.