Should people be free to keep their finances private?

The has been a lot of news lately about the “Panama Papers” – the leak of 11.5 million documents from a Panamanian law firm that show how rich people from around the world hide their wealth.  There has been an outcry from  politicians world-wide that there should be no place available for people to hide their assets.

On the one hand, I agree that government officials who steal from their own countries, and private individuals who use violence or fraud to wrongly take from others need to be found out and punished.

On the other hand, honest people should not have to reveal all of their assets to government.  I don’t have an answer, but making you a criminal because you want to keep your wealth private seems wrong.

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