Why should American companies, who use American resources and infrastructure, who pander to and profit off of American citizens who in turn pay them American dollars, be allowed to funnel their profits to offshore bank accounts to dodge American taxes?
I studied tax law. And I firmly believe the American government can stop that practise by passing a single bill. In fact, all governments who complain about international tax schemes can fix their problem in a week.
But they don't want to. They are afraid the business might leave their country. So instead of fixing the problem themselves, they intimidate smaller countries, or so called tax havens, to adjust their laws. They want small countries to scare their business away so the big ones don't have to.
At the same time, the UK and the United States, who both complain about tax havens, have their own little tax haven states and Islands. But those aren't a big deal of course.
The reason why companies often pay so few taxes in the so called tax havens often isn't even a problem caused by the tax havens themselves. It's the incompatibility of two tax systems that gets abused. A lot of businesses settle in the Netherlands for example, while local business in the Netherlands pay fairly high taxes. But in the Netherlands a mother and daughter companies are seen as one, so you can easily transfer profits between the two. So people put daughter companies in all kinds of countries and funnel money between them through their mother company. Does that mean the Netherlands is a tax haven? They don't even profit from it, so not really. But getting rid of the system would mess up their entire tax system.
But if the USA passes a law that would be incompatible with funnelling profits away then the problem would be solved instantly. Or if you focus on paying taxes at the cash register instead of at the top. You really don't have to bully small countries for it, but that's easier to sell to the public. "We can't do anything about it, it's all their fault."
They are already taxed for using US resources and infrastructure, a business on US soil employing 100s of citizens is hard to miss.
What the US government wants to do is tax 2 businesses playing ping pong with balls of cash on an island that isn't even their territory. Apparently they think they deserve a cut every time someone transfers money to someone else even though most of the time the desire for repeat business is enough to prevent fraud and the government isn't needed.
Honestly I don't get why everyone is so pro tax. I don't blame the rich for not wanting to give the Washington retards more money. If I ever became rich I'd do the exact same thing.