>>The problem is, obviously, that this is an international zero-sum game. The US, Russia, and most EU countries provide all the infrastructure that allowed their citizen to earn the money, but the money leaves those countries as soon as the tax-man rings.
This is a pretty baseless assumption. Most of the wealth is obviously produced in large countries with very significant natural and human resources, but we have no way to know if they would be producing more or less wealth if their tax burdens and governments were smaller.
What evidence that exists suggests government significantly smaller than the norm in the developed world is better for economic development.
If it is indeed the case that low taxes contribute to more global economic growth, then these tax havens are bolstering the world's economy rather than exploiting it in a zero sum way.
>>Those two goals come into conflict once the first is used to brand you an international pariah.
By the sounds of it, there is a concerted push by a large and powerful political faction to make it illegal for any country in the world to have low taxes, on the basis that a country exercising its sovereignty in this way is somehow victimizing and exploiting other countries.
This is a pretty baseless assumption. Most of the wealth is obviously produced in large countries with very significant natural and human resources, but we have no way to know if they would be producing more or less wealth if their tax burdens and governments were smaller.
What evidence that exists suggests government significantly smaller than the norm in the developed world is better for economic development.
If it is indeed the case that low taxes contribute to more global economic growth, then these tax havens are bolstering the world's economy rather than exploiting it in a zero sum way.
>>Those two goals come into conflict once the first is used to brand you an international pariah.
By the sounds of it, there is a concerted push by a large and powerful political faction to make it illegal for any country in the world to have low taxes, on the basis that a country exercising its sovereignty in this way is somehow victimizing and exploiting other countries.