Yep, even nuts get stolen!
Thanks for the article by the way. Got to admit, those folks have a great heist story. "We stole $10m worth of deez nutz!"
Ever wonder if someone does a heist and the press shorts the value, do those guys want to correct them? "Excuse me, we stole $12.4m worth of nuts. We are professionals after all, thank you very much." Not going to lie, it would piss me off if I ever did an art heist and the news says, "$10 million dollar painting stolen..." Mofo, you forgot a zero! You're making me look bad!
A special tax firm approaches them and says, “yo, give us 10 million and we’ll save you $200 million in unnecessary taxes.”
The billionaire says, “sure, I’d like to use that money to build spaceships.”
That’s the amount of thought the billionaire has to put into it. The rest is attorneys and accountants doing the work.
Did you forget that billionaires can... pay people to do things for them?
If I were born and raised in the US, with all that anti-government and anti-tax rhetoric around me, I might feel similarly to the impassioned gentleman or lady above. Yet as it stands I am happy to pay for taxes as I see great value in them, and I would generally be happy for a tax rise if justified and needed.
Switzerland, WW2. There is safety in holding EVERYONE's money. Because the moment you try it, you enrage many, many, many people who have things that go boom. You can fuck with someone's politics, their car or even their wife. But once you fuck with someone's money, it's a whole new ball game.
> I don't understand how this is even legal at all
Bank fees are higher. The different "islands" that do this, really don't have a choice. WTF else are they going to do as income generation? There's only so many happy endings you can give in a day spa. It's also easier to "invest" and hide the money in tourist based enterprises on said islands. It totally makes sense to hire an interior designer for $10k an hour.
>how can they trust so few people to hide so much money
Because people don't like getting into car accidents. When you're "trusted" with something on that level, suddenly people make sure you either don't have or do have car accidents that magically attract stray bullets.
>I mean apparently there is a long list of why it's risky, and I don't understand how this is even legal at all.
Homie, avocado farmers in Mexico get kidnapped and executed because avocados are cash crops. Shit, look up "avocado stolen" or even "avocado semitruck stolen". No such thing as making bank and not having risk. Some of those truck drivers in the USA get killed. If you're going to get targeted for making money, might as well go all out.