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Piers Morgan Visits Monaco - Tax-Haven Legoland For Billionaires

Piers Morgan continued his investigation this week into alluring locations which tempt millionaires and billionaires away from the humdrum of normal society.
This week it was Monaco, where anyone can snap up forty-seven square metres of bricks and mortar for a highly affordable million and a half euros.
It was nothing special.
A Legoland of apartments no different from anything you might find in the Glasgow Gorbals since it's been done up.
It would be funny if it wasn't so insulting.
The real joke was that the investment specialist at the end said this was the prize billionaires had to look forward to at the end of years of working so hard.
Wait, let's get this right.
The prize for years of working so hard to make billions is that you get to pay fifteen times more for real estate than everyone else in the world is paying.
Some prize that is.
Billionaires, you should have stayed in bed! Yes, there are studio apartments overlooking other people's laundry too where I live, and they cost a lot less than a million euros.
Of course there are other advantages, as Simply Red's Mick Hucknell pointed out earlier in the programme.
"There are an awful lot of hookers down here!" he admitted.
Ah, the truth at last.
The prize of working so hard all those years is actually that you can now afford the most expensive prostitutes in the world.
Wow! Why didn't I think of that one? But wait, there's more.
How many people know that nobody living in Monaco has to pay any income tax? Thanks goes to Piers yet again, for exposing this crazy setup.
So, another reality check here.
Let me get this right.
The richest five per cent of the world's population get to keep all of their income tax free, while a bus driver from Bolton has to give back 20% of his wages to the government? Hey, this just gets better and better.
Of course, once you've had your fill of loose women, your third wife has left you, and your yacht is safely moored, you can relieve some stress by going to the casino where chips apparently come in denominations of 250,000 euros.
And all this is going on while a third of the world is on or below the poverty line, and the other two thirds are struggling with a global recession started by many of these people who are now sunning themselves on luxury yachts.
Does anyone know who devised this system? I'd like to shake his hand.
Now I know why we never have alien visitations.
They must die laughing at us long before they get here!
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