International Tax Havens
Channel: Salvatore Babones
Date: 2016-04-25

Some of the most liberal jurisdictions in the world are some of the most notorious for facilitating the undermining of other countries' democracies: the international tax havens.

International tax havens are mainly Anglo-American jurisdictions with extreme negative freedoms, including most prominently extensive privacy protections.

Estimates of the amount of money legally held in international tax havens run from $10 trillion to more than $30 trillion -- the whole point is that no one really knows.

Tax havens provide the most dramatic demonstration of how negative freedoms can be used to disproportionately benefit the rich and powerful.