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The Benefits of Tax Havens

Wednesday, September 10th, 2008 By Marc Kilmer

You often hear about jurisdictions where people go to do their banking or invest their money in order to avoid their home nation’s taxes. These are called tax havens and are usually condemned by politicians. There are certainly benefits to those who use these tax havens — they avoid paying as much in taxes. But there are other benefits to tax havens, as Dan Mitchell of the Center for Freedom and Prosperity explains in this video:

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