The Mudcat Café TM
Thread #98117 Message #1941661
Posted By: autolycus
19-Jan-07 - 12:10 PM
Thread Name: BS: Whats the point of Andorra
Subject: RE: BS: Whats the point of Andorra
What the Americans do, and the rest of us should be doing, is treating tax havens like Andorra as domestic territories for tax purposes.
a few years ago, a report showed that 37 British Conservative Members of Parliament were advisers,consultants or partners in companies which gave active advice on tax avoidance via offshore tax havens.
Which means the rest of the population is being deprived of services and the less-than-tremendously-well-off shoulder the consequent burdens.
That's what Andorra is for, to impoverish the rest of us.
It's also good for skiing.