The U.S. Is Becoming the World’s New Tax Haven

The U.S. Is Becoming the World’s New Tax Haven

Shuttering foreign tax shelters only to steal their business is a bad move. More stories by The Editors December 28, 2017, 1:00 PM GMT+1 Seven years ago, the U.S. led an effort to address a problem facing governments everywhere. Each year, people manage to avoid paying an estimated $2.5 trillion in income tax — a …