I believe Bermuda is a tax shelter country, which means people and companies register there to hide identity and income from the nations they live and do business in. Because of that, the vast majority of businesses registered in bermuda are not legitimate institutions - they are shell companies defrauding their home nations.

And the home nation's governments defraud their people with unnecessary wars, wasteful spending, unpayable debt, and excessive inflation. There comes a time when paying less tax is the right thing to do.

I can think of few groups as likely to support wars than the ultra rich, but if you are very wealthy and don’t like your tax dollars going to military spending just invest in lockheed or raytheon and get it all back as dividends. War spending doesn’t justify tax fraud, unless you’re also out on the protest line when a new war breaks out.

As the top tax rates fell, from 90% in 1950 to under 40% now - the use of tax shelters increased. So unless your “comes a time” is referencing pre 1915 USA, this isn’t a valid justification.

If inflation is the issue, keep your money in a different currency.

I just don’t see actions from the very rich (the ones using tax shelters) that back up your justifications.

I think it’s simply the collapse of any kind of cohesion between the wealthy and the nation in which they live. Or put another way: I’m rich, i shouldn’t have to pay for stuff i don’t use!

Why are you even defending this practice? It's something very wealthy people do, they're not your everyday citizens conscious about how their taxes go.

They evade taxes for financial reasons, not moral reasons.