Reply #24: Fine

[angrycarpenter]

In the global economy no country operates in a vacuum. Thanks to globalization every bank in every country is interconnected. The only way to keep people honest is to have a certain degree of transparency. If a business man can hide his profits from the taxman a terrorist organization or a drug smuggling operation can too. Have you heard the term "follow the money"? Too many shady people who's power rivals many governments cannot be brought down because the money trail ends at Switzerland or Luxemburg, or the Caymans. This is about taxes but it is more then that, The people who sell arms to both sides of an African civil war hide their profits there. Dictators hide their stolen money there. Terrorists hide their money there. Nazis hid their money there. The list goes on. It is the ability to hide money that lets criminal organizations smuggle arms, drugs and people from one country to another.

Thanks to globalization it is no longer remotely possible for any country to just stay out of someone else's business. The only way is to push for fairness in our dealings. Nothing is ever as simple as it seems and there are worse things then having to pay a tax bill.