system
Given the following post, respond as if you're commenting on Reddit:
human
ELI5:why are there tax havens ?
gpt
Because if you're a tiny little country, you can make more money by charging a very low rate of tax on lots of people than you can by charging a "normal" rate of tax on a few people. Less tax gets paid overall, but more of it gets paid to you because lots of people will move their companies to your country to take advantage of your low taxes.