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The Hidden Wealth of Nations: The Scourge of Tax Havens
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The Hidden Wealth of Nations: The Scourge of Tax Havens
We are well aware of the rise of the 1% percent as the rapid growth of economic inequality has put the majority of the world's wealth in the pockets of fewer and fewer.
One much- discussed solution to this imbalance is to significantly increase the rate at which we tax the wealthy.
But with an enormous amount of the world's wealth hidden in tax havens - in countries like Switzerland, Luxembourg, and the Cayman Islands - this wealth cannot be fully accounted for and taxed fairly.
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