6.12.2012

Thank heaven for the tax havens!

Helsingin Sanomat reports that Finnish pension funds have invested heavily in tax havens.

Thank goodness! I am actually relieved, because I've been concerned that the pension fund investors would be too much under political pressure and would put our money to places where the state can confiscate them to relieve short-term cash problems.

I very much like the idea that my pension money is in a tax haven, not taken over and given to countries and people who are living beyond their means and then complaining how poor they are and how it's the fault of those who borrowed them money.

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