Gabriel Zucman about to expose purposes of tax havens

Troy York
  professor Gabriel Zucman is a protégé of the great Thomas Pikketty and has a new book coming out sure to be as popular and celebrated as Pikketty's Capital. Zucman teaches at the California Berkeley and his research on tax havens around the world point out that they are threatening the world economy. he argues that three-fourths of this hidden money goes unrecorded usually to tax havens such as the Virgin islands and other Caribbean hidden treasure spots, and tax evasion by individuals costs governments $200bn a year, and havens used by US multinational companies save them about $130bn annually — these estimates do not include items like property and art. Zucman will lay all this shit out in  new book that really examines the role of tax cheating havens have on preserving inequality and its ability to corrupt governments from all around with this massive inflow of money that is never registered anywhere and whose use and purpose never established.Tax evasion by individuals costs governments $200bn a year, and havens used by US multinational companies save them about $130bn annually — these estimates do not include items like property and art Zucman's book is sure to worry these investment hedge fund money manipulators who use these hidden assets to buy off regulators and have them avoid the much needed scrutiny of what they do with all this wealth and why they move it around. Government needs to go after this stolen money which is basically what tax havens are set up to avoid paying into the coffers in government budgets and there is a direct link with budget deficits everywhere to the increase use of hiding money through these tax havens from the ultra-wealthy and corporations. of course the critics and writers at Forbes mmagazine are already criticizing this young professors thesis lying about that this money is often tax exempt income anyway. Regardless this book will bring a new perspective at the outrageousness and misinformation from the defenders of big money avoiding their duty payments of wealth to governments.