DUBLIN — Europe’s efforts to crack down on tax havens have created a harsh environment where money has nowhere to hide. Tax heavens are quickly becoming money hell.
Starting with Cyprus, and continuing on to San Marino and Monaco, heaven is becoming hell on earth for all types of money. Having no more places to hide except under matreses, below ground and various other crevices, it is clear by now that money is headed for an early grave.
What was once liquid and flowing free like crystal clear water from a golden cup, is now a hard harsh item with nowhere to go.
All the more evidence that heaven on earth does not exist, not for money that is, any longer.