05-14-2017, 01:38 PM
Quote:The economist Gabriel Zucman estimated in his 2015 book, The Hidden Wealth of Nations, that worldwide more than $7.5 trillion is squirreled away in offshore tax havens — 8 percent of the world's financial wealth. While some of it is properly declared to world governments, about 80 percent, or $6 trillion, is never taxed at all.A top expert on tax havens explains why the Panama Papers barely scratch the surface - Vox

