Tuesday, July 24, 2012

The Global Elite May Be Hiding $32 Trillion in Offshore Tax Havens, But The Best Solution May Be To Lower Their Tax Rates Instead of Raising Them

A recent study by a so-called tax-evading watchdog group suggests that there is $32 trillion in offshore tax havens which have evaded being taxed.  But why will increasing tax rates capture that  lost wealth?

Read the full post in Forbes

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