Who pays taxes?

[PhilinBSAS]

A sum larger than the entire USA $21tn in assets has been lost to global tax havens. If taxed, that could have been enough to put parts of Africa back on its feet – and even solve the euro crisis.

http://www.guardian.co.uk/business/2012/jul/21/offshore-wealth-global-economy-tax-havens

Rampant capitalism means wealth doesn't trickle down it just floods off-shore and inequality is widely seen as having increased sharply in many developed countries over the past decade or more – as described in a recent paper from the IMF

http://www.imf.org/External/Pubs/FT/irb/2012/02/index.pdf

G20 countries are taking progressive steps to tackle this in the interests of global stability as well as income equality - so Cristina K has support there!

http://www.taxjustice.net/cms/front_content.php?idcat=148

 

[Pianosteve]

A sum larger than the entire USA $21tn in assets has been lost to global tax havens. If taxed, that could have been enough to put parts of Africa back on its feet – and even solve the euro crisis.

http://www.guardian.co.uk/business/2012/jul/21/offshore-wealth-global-economy-tax-havens

Rampant capitalism means wealth doesn't trickle down it just floods off-shore and inequality is widely seen as having increased sharply in many developed countries over the past decade or more – as described in a recent paper from the IMF

http://www.imf.org/External/Pubs/FT/irb/2012/02/index.pdf

G20 countries are taking progressive steps to tackle this in the interests of global stability as well as income equality - so Cristina K has support there!

http://www.taxjustice.net/cms/front_content.php?idcat=148

I think it's time to take some of this wealth of the top 0.1%. I'm not sure how it could be achieved, though there is a precedent of sorts. https://www.independent.co.uk/news/...ggest-bank-stung-60-raid-savings-8555078.html