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  High taxing governments damage the economy by incentivising people to take advantage of such schemes to protect their assets. Good luck to them as long as they do not break the law. Its their own money and they can do whatever they legally want with it. You will never eliminate this as those able to take advantage of them are the most mobile and financially savvy.
  
  A friend of mine, an accountant who develops such schemes has had a massive boost to his business as a result of the publicity such tax saving schemes have been given by the likes of Reg.
  
  Once again - if you want to eliminate such schemes the way to do it is to simplify the tax regime around low flat taxes and the revenue receipts will increase while boosting economic activity. Only accountants then will suffer and I certainly have no problems with that!

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