Bermuda Caves in to Greedy Governments

There are fewer and fewer countries where people with money can put their money to shield it from the greedy hand of government.

Bermuda joins the lists of tax havens caving in to pressure from grasping, avaricious governments with insatiable appetites for tax revenue.

Bermuda announced in a press release that it has agreed to sign a “Tax Information Exchange Agreement” with Canada. The pact “provides for full exchange of information on criminal and civil tax matters,” according to the release.