Description
Billionaire Warren Buffet, currently the third wealthiest man in the world, paid the lowest rate of tax among his office staff, including his receptionist.
In 2006 the world's three biggest banana companies did nearly £400 million worth of business in Britain but paid just £128,000 in tax between them.
In January 2009, US law enforcement fined Lloyds TSB $350 million after it admitted secretly channelling Iranian and Sudanese money into the US banking system.
Tax havens are the most important single reason why poor people and poor countries stay poor. They lie at the very heart of the global economy, with over half the world trade processed through them. They have been instrumental in nearly every major economic event, in every big financial scandal, and in every financial crisis since the 1970s, including the latest global economic downturn. In Treasure Islands, Nicholas Shaxson shows how this happened, and what this means for you.
Details
Uncover the shocking truth about tax havens and the elite few who exploit them in "Treasure Islands: Tax Havens and the Men who Stole the World". With new and updated material, this eye-opening book reveals how billionaires like Warren Buffet pay lower taxes than their own receptionists. Dive into the world where the biggest companies evade taxes, costing poor people and countries dearly. Nicholas Shaxson's detailed exploration exposes how tax havens fuel global economic inequality and financial crises, making it a must-read for anyone seeking to understand the dark underbelly of the economy.
Discover the dark underbelly of the global economy and the sinister role tax havens play in perpetuating poverty and injustice. In "Treasure Islands", Nicholas Shaxson exposes the insidious practices that allow the wealthy and powerful to evade taxes and exploit the system for their benefit, leaving the less fortunate to bear the burden. With compelling insights and updated material, this book sheds light on the devastating impact of tax havens on society and why it's crucial to hold the perpetrators accountable for their actions.
Don't miss out on the opportunity to delve into the world of tax evasion and financial corruption with "Treasure Islands: Tax Havens and the Men who Stole the World". Nicholas Shaxson's meticulously researched book uncovers the secrets behind how the rich and powerful manipulate the system to their advantage, leaving others to suffer the consequences. Gain a deeper understanding of the global economy and the role tax havens play in exacerbating inequality and instability. Take a stand against financial injustice by educating yourself with this essential read.
Grab your copy of "Treasure Islands: Tax Havens and the Men who Stole the World" today.
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