The Paradise Papers show ‘we’re only at the very beginning’ in battling tax havens for the super-wealthy


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  • The Paradise Papers reveal new accounts of offshore tax
    havens for the very wealthy that highlight the problem of
    wealth inequality.
  • Offshore wealth is especially concentrated, Berkeley’s
    Gabriel Zucman tells Business Insider — 80% of it is owned by
    the top 0.1%.
  • Offshore assets are hidden, so they make inequality
    look less severe than it really is.

Gabriel Zucman, a Berkeley economist who spends his time studying
inequality, faces a big challenge in his research: Rich people
hide their money, making it harder to asses the true state

... read more at: http://www.businessinsider.com/paradise-papers-show-extent-of-offshore-wealth-holdings-2017-11

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