Kept by the Rich and Stolen from the Poor

The Dominion Post (24.7.12) reported that tax evasion cost the world’s governments US$3.1 trillion each year, or about 5.1% of world GDP. At least US$21 trillion of assets (NZ$26.5t) have been stashed away in offshore tax havens by criminals, dictators, and the rich, as well as by big corporations. The campaign group, Tax Justice Network, says that amount is equivalent to the combined GDPs of the United States and Japan.
Any form of tax evasion is unadulterated greed, in my opinion. The middle-class and those even less well off are bled by the tax man while the rich get away with it.
All power to the Tax Justice Network.
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Published on July 24, 2012 17:46 Tags: greed, haven, rich, tax, tax-evasion, wealthy
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