Tuesday, August 01, 2017

Legalised crime

A couple of years ago, a teacher told me "it wasn't a problem if the bankers, the wealthy, etc engabe in tax evasion and tax avoidance because they create wealth and put it in the economy."
"Perhaps the biggest problem is that tax havens mostly benefit financial elites, including some politicians and many of their donors. Meanwhile, pressure from voters for action is limited by the boring and confusing nature of the problem. 
Sandwich, anyone?" —  (bbc online)

How much of the world's wealth is hidden offshore

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