From Pine View Farm

Their Fair Share 1

Robert Reich on tax havens:

So when the super-rich use offshore tax havens to avoid paying what they owe in taxes, they’re reneging on their duties as citizens. It seems only fair to me that the consequence of that kind of tax avoidance ought to be loss of citizenship. If it’s more important to someone to avoid paying what they owe in taxes than to continue being an American, then let them keep their money. They can become a citizen of the Cayman Islands or Bermuda or wherever else they store their wealth, and come here on a visitor’s visa – if they can get one.

Makes sense to me. If they don’t want to pay their fair share, keep them away from using the services that the rest of us pay for.

(Oh, yeah. Follow the link and read the comments. A real hoot from the “Get Something for Nothing” crowd.)


1 comment

  1. Opie

    May 24, 2007 at 8:54 pm

    I do get a chuckle (and always do) from Reich’s teary-eyed awe and reverence for the concept of taxation. To me, paying taxes is like going to the bathroom – completely uninspiring and sometimes even repulsive, but nonetheless eventually necessary.

    As far as people moving their earnings activities overseas to get a better rate, yes, there are things you could do about that, and a lot of them would get public support. But somewhere I hear this nagging voice saying, “Be careful what you ask for…”