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To: lucysmom
What is the advantage of being a tax haven?

LOL!

Jobs, growth, industry, the usual stuff.

407 posted on 01/21/2008 7:24:10 PM PST by groanup (IRS. It's what we live for.)
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To: groanup
"What is the advantage of being a tax haven?"

Also hot money and crooks.

Low corp taxes are a good thing, especially as Europe seems to be reducing theirs. It's a good thing to be competitive. Low tax rates help too. Corp taxes can be reduced without going to THE FT(30% just for the Feds is just a little too high).

414 posted on 01/21/2008 7:29:29 PM PST by Paladin2 (Huma for co-president!)
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To: groanup

How’s it worked out for Nauru?


442 posted on 01/21/2008 8:05:08 PM PST by lucysmom
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