Wyoming trusts, protected by strong privacy laws, draw global elite

December 20, 2021 ☼ goptaxeswyomingtax-evasionmoney-laundering

Source: The Washington Post (Link)

Millionaires and billionaires around the world have taken note. In recent years, families from India to Italy to Venezuela have abandoned international financial centers for law firms in Wyoming’s ski resorts and mining towns, helping to turn the state into one of the world’s top tax havens.

The GOP endorses tax evasion on a grand scale. Maybe that’s why they call it the Grand Old Party. The ironic part is that Wyoming isn’t making any money off of this. It’s just a free gift to dictators, money launderers, and tax evaders.