Actually, Panama Has a Higher Corporate Tax Than Denmark…

by Simon Black
Sovereign Man

Last night I got robbed.

Not in the literal sense of the word. There weren’t armed men in masks holding me up on the sidewalk in Panama City.

(I’ve been coming here for 13 years and have never once felt unsafe…)

It was at the cashier’s cage at the Veneto Casino.

After a few hours with a friend at the roulette table where I was happy to have walked away at breakeven, I was shocked to find out that the government of Panama takes a 5.5% tax when you cash in your chips.

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