The Benefits Of Tax Havens
Earlier today, I received a press release from the Center for Freedom and Prosperity Foundation regarding their new mini-documentary on the global economic benefits derived from tax havens. From the press release:
The Center for Freedom and Prosperity Foundation today released a mini-documentary discussing the global economic benefits generated by low-tax jurisdictions. The CF&P Foundation’s new video, entitled “The Economic Case for Tax Havens,” makes a compelling and succinct case showing that these market-friendly regimes have led to better tax policy, faster economic growth, greater government accountability and higher living standards around the world. Narrated by Dan Mitchell of the Cato Institute, the video cites empirical and historical evidence to illustrate the many positive contributions of tax havens…
Andrew Quinlan, the president of the CF&P Foundation, remarked, “The video shows how we all benefit from tax havens. The evidence for the positive impact of low-tax jurisdictions is overwhelming and we’re excited to release this compelling video.”
“The Economic Case for Tax Havens”
YouTube Video Link
Please refer back to the press release for other ways of accessing the mini-documentary.
Source:
“New Video Highlights Benefits of Tax Havens for Global Economy”
Press Release
Center for Freedom and Prosperity Foundation, September 10, 2008
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September 11th, 2008 at 6:09 pm
Sigh…it’s a scam. If you are a US citizen offshoring your wealth an the Feds catch you, you could be in for a nice long relationship with an auditor, and possibly free room and board in a Federal facility.
September 12th, 2008 at 8:08 am
Thanks for the comment Scorpio.
“If you are a US citizen offshoring your wealth an the Feds catch you, you could be in for a nice long relationship with an auditor, and possibly free room and board in a Federal facility.”
I don’t see the problem with offshoring wealth, as long as one adheres to the law.