BiggieScooby Posted September 19, 2012 Posted September 19, 2012 The planets wealthiest hoard $21 Trillion in offshore accounts. http://www.forbes.com/sites/frederickallen/2012/07/23/super-rich-hide-21-trillion-offshore-study-says/ Any wonder Shelly Adelson is willing to give $100 Million to get back $2 Billion in tax breaks?
DC Tom Posted September 19, 2012 Posted September 19, 2012 The planets wealthiest hoard $21 Trillion in offshore accounts. What does that even mean? They keep their money on Mars?
Chef Jim Posted September 19, 2012 Posted September 19, 2012 Henry calculates that some 92,000 people, a thousandth of a percent of the world’s population, control $9.8 trillion, and that if all the $21 trillion that has been offshored earned 3% a year and were taxed at 30%, it would raise $188 billion in revenues, more than rich countries spend on aid to the developing world every year. And it would talk half of that tax revenue just to build the CA high speed rail.
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