The Hidden Wealth of Nations Quotes

“In the end, the taxes that are evaded have to be compensated for by higher taxes on the law-abiding, often middle class households, in the United States, Europe and developing countries. Nothing in the logic of free exchange justifies this theft.”
― Gabriel Zucman, The Hidden Wealth of Nations: The Scourge of Tax Havens

“Ogni Paese ha il diritto di scegliere la propria politica tributaria. Ma quando il Lussemburgo offre accordi fiscali su misura alle multinazionali, quando le Isole Vergini britanniche autorizzano chi ricicla denaro sporco a creare società anonime per pochi spiccioli, quando la Svizzera nasconde nelle proprie casseforti la ricchezza delle élite corrotte, questi Paesi stanno derubando altre nazioni. E mentre loro guadagnano – commissioni, attività economica, talvolta persino una grande influenza sul piano internazionale – noi perdiamo. Perché alla fine, per compensare le tasse evase, è necessaria una maggiore pressione fiscale sulle famiglie oneste, spesso della classe media, negli Stati Uniti, in Europa e nei Paesi in via di sviluppo. Niente nella logica del libero scambio giustifica questo furto.”
― Zucman Gabriel, La ricchezza nascosta delle nazioni: Indagine sui paradisi fiscali (add saggistica)

“The large and rising offshore wealth translates to substantial losses in fiscal revenue. By my estimate, the fraud perpetuated through unreported foreign accounts each year costs about $200 billion to governments throughout the world (see fig.”
― Gabriel Zucman, The Hidden Wealth of Nations: The Scourge of Tax Havens

“So today the majority of Swiss bank customers are Europeans, who for the most part control their assets through trusts and shell corporations domiciled in the British Virgin Islands, which provide them with the same level of anonymity as in the time of numbered accounts.”
― Gabriel Zucman, The Hidden Wealth of Nations: The Scourge of Tax Havens

“According to Zucman, the key step should be the creation of a worldwide register of financial wealth, recording who owns what in stocks and bonds.”
― Gabriel Zucman, The Hidden Wealth of Nations: The Scourge of Tax Havens

“According to his benchmark estimate, which should be viewed as a lower bound, around 8% of the world’s financial wealth is held in tax havens.”
― Gabriel Zucman, The Hidden Wealth of Nations: The Scourge of Tax Havens