I have a question about offshore tax havens that no one has ever been able to answer. Can you name one legitimate reason to keep your money in a tax haven?Β
The media keeps implying that there must be one. They keep pointing out (mostly to avoid the libel laws) that using a tax haven does not necessarily involve illegality or βwrongdoingβ.
But what form of activity thatΒ Ύ±²υ²ΤβtΒ wrong could possibly involve stashing your cash offshore? And why should we shy away from saying that starving the public purse of moneyΒ is itself wrongdoing?