Tax Havens: Myths vs. Facts

The Center for Freedom and Prosperity Foundation has produced videos showing the economic and moral benefits of so-called tax havens. This final video in the three-part series addresses some of the most common myths put forth by politicians from high-tax nations. Using academic research and data from international organizations, the video shows that the most common attacks made against low-tax jurisdictions are empty demagoguery.

• Category

  News & Politics

[Will Hart]

Libertarians aren't the same as neocons. They're the opposite. Libertarians want to keep us out of foreign entanglements and neocons want to get us into more.

[Anibal da Silva]

This is all liberal bullshit but coming from a neo Conservative think tank that's not astonishing!!!!!

Call this guy literally "Body of Lies" would not me an insult, but a simple statement...

[Shazbo Valen]

The so called "Libertarians" in the United States are mostly brainwashed right winged republicans who have been fooled into defending the rule of the rich over the poor and attacking the elderly and disabled because their corporate masters don't like paying their fair share of taxes.

[KaliAndy2]

lol at gas station to government comparison. While it is true that lower prices will bring more business it might not equate to higher profits with lower margins. Its a moot argument anyway, most people using tax havens are not looking to invest in business. Their goal is to shield money from taxes.

[fububalla]

So many things wrong w/ this video: for one you can't compare a government to a gas station - its a straw-man argument. They don't work nearly same at all!

Second the chart shown @ 3:40 may be true but what it fails to tell you is where all that money goes when taxes remain so low. DEBT. Political winds force politicians to give out tax cut candy and that's what happens

Also, all of the tax havens @ 7:30 are miniscule in size which makes it super easy to govern.

Gd pnts other though

[3721toronto]

Where do you make all your money at the first place? It's here, on-shore, in this country.

Since you put your money in those off-shore tax havens, you should not live here do your business here on-shore and suck/make money from this country.

Can you take your business to the tax havens countries/islands to make money there? No. You can make nothing at those tax havens. You can only suck blood out from this country.

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[Olivier Labbé]

wow, you should read on other political philosophy before attacking this straw man!

[greenday1978]

Are you people having a laugh?

[dark7element]

What you fail to understand is that libertarians don't believe that poor people have a right to live. The way they see it, if you aren't rich and successful, then you deserve to die. They follow social darwinism, A.K.A. survival of the fittest. To be a libertarian is to lack empathy by definition.

[goPistons06]

how? christian aids don't depend on taxes. besides, because of the fact that countries like singapore and bermuda are tax havens, this has allowed economic growth, and helped many people rise out of poverty