Can you name a small, stable, country that isn’t a tax haven?
What does that say about large and/or unstable countries?
I’ll tell you what: it makes me thing that “tax haven” is purely a pejorative rather than a factual label.
In fact, I think we need to label the large and/or unstable countries with some antonym for haven, and give no label at all to the tax havens.
The thing is … what would be a good antonym?
The only thing I can come up with is from the mathematics used to model dynamics by economists, physicists, and other nerds. In this nomenclature, a sink is something that attracts stuff, and a source drives it away.
So, my new label for large and/or unstable countries is “taxable income source”, and my label for small and stable countries is “taxable income sink”. It’s cumbersome, but it gets the idea across.