More News

Jeffrey Sachs On Inequality, Tax And Where Globalisation Went So Horribly Wrong
August 23rd, 2011
Jeffrey Sachs is back in the Financial Times with a fine article about the failed economic leadership of western governments, and tax havens feature prominently in his analysis. “Tax havens”, he notes, “have proliferated even as the politicians have occasionally railed against them” we like the twist to the politician's collective tails implied by the word 'occasionally'. And he continues: “In the end the poor are doubly hit, first by global market forces, then by the ability of the rich to park money at low taxes in hideaways around the world.” We have argued for many, many years, that tax havens are a major faultline in the...
Continue Reading
Follow @FinTrCo