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The following post may have been a test post, a duplicate, or could have been hidden if it violated this site's Points of Unity. If you think this item should not have been hidden, first make sure it wasn't posted twice and you were just unable to find the other copy of the post. If that was not the case, you can contact the editorial collective by e-mailing indybay@lists.riseup.net.

Five myths about tax havens

by Nicholas Shaxson Mon, May 2, 2016 6:22AM
When tax havens assist kleptocratic elites in hiding their cash with impunity, they don’t guard against corruption and despotism — they help perpetuate them. Tax havens provide an escape route from laws that is available only to a rich minority that can afford to use it, thus removing from the equation the constituency with the greatest power to push for reform.
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