Treasure Islands

Treasure Islands

Uncovering the Damage of Offshore Banking and Tax Havens

Book - 2011
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"We are witnessing the greatest shift of wealth from poor to rich in history. In the United States alone, the wealthiest avoid paying an astonishing $53 billion in taxes each year. Nicholas Shaxson, in league with the Tax Justice Network, dives deep into the secret world of tax havens and takes us to hot spots from Switzerland to Panama to Delaware in a riveting narrative of how society loses through illegal tax evasion. With jaw-dropping stories and vivid explanations, Shaxson highlights the biggest players in the game, and shows how: - More than 12,750 foreign corporations get out of paying taxes each year by claiming to have offices in the same five-story building in the Cayman Islands. - One thousand children die every day as a result of illegal, trade related tax evasion. - Although billions are poured annually into Africa, corrupt officials there stow twice as much away in tax havens, making Africa a net creditor to the rest of the world. "-- Provided by publisher.
Publisher: New York City : Palgrave Macmillan, 2011.
Edition: 1st ed.
ISBN: 9780230105010
0230105017
Branch Call Number: 364.1338/SHAXSON
Characteristics: 264 p. ; 25 cm.

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StarGladiator
Jun 01, 2012

Perplexed by BREXIT?
Why have the money masters and corporate media demonized any and all who have supported it - - and voted for it? [Why did President Obama specifically fly to London to stand beside their Prime Minister and urge them to vote against it?]
Really quite simple: read pp. 67 to 83 of Shaxson's Treasure Islands, and you will understand perfectly!!!!
[What is the oldest continuing corporation in the Western Hemisphere, and what most peculiar deal did they strike with the British Royalty? Answer: The City of London Corporation!]

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gramsci
Jun 24, 2011

A very engaging account of the political economic devastation wrought by the unregulated banking system that continues to expand.

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