Tax Havens: What They Never Tell You

In recent years, the exposure of the Panama Papers and the Paradise Papers has once again put tax havens at the forefront of public opinion. In the last two years, criticism of these places has multiplied throughout the world.
Many critics affirm that if it weren’t for these millionaire paradises, the crisis would’ve been less of a crisis, governments wouldn’t have had to make so many cuts; we’d all pay fewer taxes and, ultimately, things would be much better.

Now, how true is all of this? Are tax havens really as bad for the general welfare we’re told?