Saturday, 17 January 2009

Hands off the Isle of Man!

Seems that Brown and Obama are angry with the Isle of Man for its legal tax haven status.

http://www.bloomberg.com/apps/news?pid=20601109&sid=axJDLSVx5h34&refer=home

For as long as punitive taxes exist, people will seek to avoid them.

54 comments:

knoxknox said...

Why indeed should the USA feel it has a right to investigate low tax regions? President-elect Obama should perhaps ask himself how transparent the US financial system is? And in light of Madoff, Sub-prime, bailouts etc. it doesn't exactly impress.

My reply to the article can be viewed at:http://www.dailypaul.com/node/79443

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