December 6, 2008

Grand Cayman, BWI. Bob McManus wrote asking for a picture of an “offshore tax haven.” That would be the whole island, I think, but most of that kind of thing goes on in these fairly unremarkable buildings in downtown Georgetown.

UPDATE: Dan Mitchell on why tax havens are good for the global economy. More here and here. (Via, er, Dan Mitchell, who also has a book on tax competition and why it’s good.)