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Tax Flight, Tax Avoidance and the Contribution of the Rich to Society
Multinational businesses cause the greatest losses through tax flight and tax avoidance. Between $21 and $32 trillion are invested in tax havens. Whoever can buy expertise and services can utilize tricks and tax havens. Tax flight is a problem for democracy. Without tax revenues, politics renounces on creative possibilities. Without state investment programs, the Internet, GPS and the touch-screen would not exist. Ending the offshore coalition is vital for remedying imperfect democracy and exploding inequality.
Multinational businesses cause the greatest losses through tax flight and tax avoidance. Between $21 and $32 trillion are invested in tax havens. Whoever can buy expertise and services can utilize tricks and tax havens. Tax flight is a problem for democracy. Without tax revenues, politics renounces on creative possibilities. Without state investment programs, the Internet, GPS and the touch-screen would not exist. Ending the offshore coalition is vital for remedying imperfect democracy and exploding inequality.
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