Complaints About Tax Havens Are Misguided

"Tax competition almost certainly is the biggest impediment that now exists to restrain big government. Greedy politicians understand that high taxes may simply lead the geese with the golden eggs to fly across the border. Indeed, competition between governments is surely the main reason that tax rates have dropped so dramatically in the past 30 years."

Complaints About Tax Havens Are Misguided - Business in The Beltway - Money & Politics - Forbes