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Whether to minimize governmental interference (via taxes or otherwise), or to maximize privacy, the theory proposes that each of the following should be in a separate country:
Passport and citizenship - in a country that does not tax money earned outside the country or control actions.
Legal residence - in a tax haven.
Business base - where you earn your money, ideally somewhere with low corporate tax rates.
Asset haven - where you keep your money, ideally somewhere with low taxation of savings income and capital gains.
Playgrounds - where you spend your money, ideally somewhere with low consumption tax and VAT.
But no.. People who want to protect themselves against these forms of government and corporate banks' theft and abuse are evil.