Because worst case, the rich entity can flee, or renounce citizenship and buy citizenship where the tax climate is more favorable. With the amount of money we are speaking about, you can buy anything. Each and every country has a very fast track to citizenship in exchange for money (and an instant path to pretty much all rights except for voting). So you threaten the wealthy with torture? Unless you do all this by surprise one day all of a sudden, they can and will escape.
$150k buys you a Carribean citizenship + passports for the family of 4. 0% income tax and 0% capital gains tax in Antigua and Barbuda. 365 sandy beaches.
What not to love for freedom seeking individuals?
There is quite a bit of progress among rich nations, which is indeed why the article mentioned many of the individuals come from corrupt nations.
The issue, therefore, may not be so much of 'tax havens' but of 'corrupt systems that allow for tax havens'.
I don't think Bezos has a pile of cash secretly offshore.
I think we’ve seen this before… usually ends in democide…