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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.
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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…