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Tag Archives : FATF

Why Have Money Laundering Laws if They Impose High Costs and Yield No Benefits?

Posted on October 28, 2010

It was only a few decades ago that there was no such thing as money-laundering laws. Instead, the focus of law enforcement was on the underlying criminal behavior (such as robbery) that generated ill-gotten gains. In recent decades, however, politicians around the world have passed hundreds of laws, created hundreds of agencies, and spawned several international […]

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"I write to express support for the Center for Freedom and Prosperity's support of tax competition."
    
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