It works because they act as tax havens to help rich people from other countries hide their wealth. It’s not a sustainable system for every government, and it is pretty corrupt to help wealthy people avoid paying taxes in their country just so you can have a bit of their wealth in yours…
I think he means one like Norway or Sweden. Not impossible, yes not perfect but I’ll be damed if you say it’s not working for them.
deleted by creator
It works because they act as tax havens to help rich people from other countries hide their wealth. It’s not a sustainable system for every government, and it is pretty corrupt to help wealthy people avoid paying taxes in their country just so you can have a bit of their wealth in yours…