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?
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 “wrongdoing”.
But what form of activity that isn’t wrong could possibly involve stashing your cash offshore? And why should we shy away from saying that starving the public purse of money is itself wrongdoing?