Earlier this year, I defended Mitt Romney and Bain Capital from the absurd accusation that they did something wrong by utilizing low-tax jurisdictions.
So-called tax havens, as I've explained on many occasions, play a valuable role in the world economy. Indeed, they should be emulated rather than persecuted.
In a follow-up post, I mocked ABC News for a ridiculous non-story…
Dan:
Thanks for this incredible post and videos. Americans who still believe in "Life, Liberty and Pursuit of Happiness" need you and the CATO institute!
