[BurningFrog]

> The problem with that is that the other jurisdictions have no interest in closing tax loopholes.

A lot of people see that as a feature. "Competitive governance" may be the biggest reason the world works as well as it does.

[josefx]

I could live in a world with a little less tax avoidance by the rich. So in this case I don't see the upside to a country violating long standing trade deals to make a little more on the side.