Comments by "David Himmelsbach" (@davidhimmelsbach557) on "What Are Tax Havens And How Do They Work?" video.

  1. You've TOTALLY missed why Switzerland benefits from its status: it's printing VAST amounts of 1000 Franc notes that cost them zilch to crank out -- and are then sold at face value to tax cheats -- with the notes crammed into Swiss banks -- and INDEPENDENT vaults all over Switzerland. Yeah, all of their regular banks have LONG sold out their vault box space -- so folks have built vaults solely for the express purpose of holding Swiss currency in the aforementioned 1000 Franc size. How many notes? Switzerland has printed more 1000 Franc notes than 1 Franc notes!!!!! No wonder the Swiss can live with low, low taxation.
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