Tax havens have traditionally been politically acceptable as long as they are rainy and cold places such as Delaware, the Netherlands, Ireland, and the United Kingdom. However, if you add a white sand beach and some palm trees, it becomes a different story. The tax haven becomes an offensive villain, not only guilty of "unfair tax competition" but of virtually every other thinkable evil, including money laundering, tax evasion, and all poverty on planet earth. The fact that the lion's share of international money laundering takes place in London and New York, not in the Caymans or the British...