WOW: Tax Dodging a '$20 Trillion Dollar Industry'

478 views · Published 29 May 2013 · 4:44 · Indexed 8 November 2026

Channel: Secular Talk · 2013 · News & Politics

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CIVILISATION works only if those who enjoy its benefits are also prepared to pay their share of the costs. People and companies that avoid tax are therefore unpopular at the best of times, so it is not surprising that when governments and individuals everywhere are scrimping to pay their bills, attacks are mounting on tax havens and those who use them.

In Europe the anger has focused on big firms. Amazon and Starbucks have faced consumer boycotts for using clever accounting tricks to book profits in tax havens while reducing their bills in the countries where they do business. 


Read more: http://www.businessinsider.com/tax-dodging-trillion-dollar-industry-2013-2#ixzz2UdScbqQu

Read More At:
http://www.businessinsider.com/tax-dodging-trillion-dollar-industry-2013-2

http://www.rawstory.com/rs/2013/05/27/irs-targets-first-caribbean-international-bank-over-tax-evasion/

Clip from the Monday, May 28th 2013 edition of The Kyle Kulinski Show, which airs live on Blog Talk Radio and Secular Talk Radio monday - friday 5-7pm Eastern.

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