The Marietta Times
L. P. McGovern, August 14, 2012
Interesting headline recently in a British newspaper: "Wealth Doesn't Trickle Down - It Just Floods Offshore, Research Reveals." The article goes on to state that "$21 trillion in assets have been lost to global tax havens." 21 trillion. That's the number 21 followed by 12 zeroes.
Later in the story, it goes on to state that $21 trillion is probably an under-estimation, that the real figure is probably closer to $32 trillion. But, when you're successfully hiding your money from the tax man in places like Bermuda or the Cayman Islands, what's a trillion or so, more or less?
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