Shame on those many American tax evaders, those who we euphemistically say are “investing offshore.” Here are some stunning facts and figures, from the Tax Justice Network:
The very existence of the global offshore industry, and the tax free status of the enormoussumsinvestedbytheirwealthyclients,ispredicatedonsecrecy:that is what this industry really “supplies” as it competes for, conceals, and manages private capital from all over the planet, from any and all sources, no questions asked.
We are up against one of society’s most well entrenched interest groups. After all, there’s no interest group more rich and powerful than the rich and powerful, who are the ultimate subjects of our research.