How Puerto Rico Became a Tax Haven for the Super Rich

Re:How Puerto Rico Became a Tax Haven for the Super Rich by Nasrudith on Tuesday September 18, 2018 @10:26PM (#18021178)

Another issue is that it starts to become more coercive a well, especially with vital resources. Taken to an extreme it amounts to literal duress. For instance you can't demand that someone sign over all of their wealth to you if you rescue them when they are in distress or else you'll leave them to die in the desert. An extreme example admittedly but illustrative of why there needs to be an upper limit somewhere. The precise agreement of 'when' is subject to some debate itself.

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Re:How Puerto Rico Became a Tax Haven for the Super Rich by Spooky23 on Wednesday September 19, 2018 @06:58AM (#18023288)

That proposition is not so extreme, and people do awful things when set loose from the rules by disaster or war.

There are thousands of stories where death, rape, theft, looting, etc have used by folks in positions of power to get what they want in these situations.

The obvious answer is to have competent government actors who can act quickly and protect human life without a financial incentive and disengage as situations improve.

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Re:How Puerto Rico Became a Tax Haven for the Super Rich by dv_dt on Wednesday September 19, 2018 @05:13PM (#18027763)

> For instance you can't demand that someone sign over all of their wealth to you if you rescue them

You can demand all that and more if in the US healthcare market if the medical GoFundMe category is any indication. But that is perhaps too much of a digression...

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Re:How Puerto Rico Became a Tax Haven for the Super Rich by a008t on Wednesday September 19, 2018 @06:15AM (#18023158)

But you can; whether you should, or if it is a decent thing to do, is a different matter.

Placing an upper limit means that you are less likely to be rescued at all, if the potential rescuer happens to not be a nice person (or is very risk-averse and rescuing you involves some risk).

In other words - if the person is nice, you do not need to have any limits, as they would not abuse the situation anyway. If they are not nice, with the limits they will not rescue you, but without, there is a chance that they will be overcome by greed and so will rescue you.

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