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South Dakota Becomes a Tax Shelter for the Rich

The united states has become a massive tax shelter for the uber rich. Felix amon joins nila budo to explain how this happened. How did south dakota go from having 57 billion dollars worth of this type of tax haven to 360 billion in just a decade? It's partly what south dakOTA did, they made it more attractive to people wanting trust. The rest of the world basically cracked down on tax havens. OvernightBasically became the destination of choice for any one wanting complete secrecy about where their money was.

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