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Transcripts for MSNBC MTP Daily 20211013 17:58:00

what i can t figure out here is what benefit an average resident of south dakota gets from this. probably not much of a benefit at all. in a small state there are probably 500 people who work in the trust industry. those are good paying jobs, i assume those people pay some income tax. otherwise there s not a lot of benefit to the people of south dakota. in some ways there s a vulnerability, they re exposing themselves now to criminal wealth from around the world because they have essentially become accomplices to that wealth heist, if you will. so how do we and i know you re making this argument that we re trying to on the one hand, as i just noted at the beginning, we re trying to be a leader in trying to not have a race to the bottom on corporate taxation policy around the world. at the same time, when it comes to wealth inequality, you know, are we, you know are we putting our money where our mouth is. do we need to change our laws at the federal level to prevent ....

South Dakota , Trust Industry , Income Tax , Wealth Heist , Around The World , Wealth Inequality ,