WWW.samefacts.com - 4/3/2009
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I have no idea whether there's any meaning behind the pronouncement from the G-20 summit that the era of banking secrecy and tax havens is over. But if there is, that's extraordinarily big, and extraordinarily good, news. The ease with which the wealthy can evade taxes on unearned income as long ...
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Another G-20 Accomplishment: Tax Haven Crackdown
Matthew Yglesias —
Normally, a big international conference achieves nothing at all. So it’s really quite extraordinary that the G-20 meeting appears to have produced several significant achievements. One of them, as Mark Kleiman points out, is the success of France and Germany in pushing an agreement on tax havens:
I have no idea whether there’s any meaning behind the pronouncement from the G-20 summit that the era of banking secrecy and tax havens is over. But if there is, that’s extraordinarily big, and extraordinarily good, news. The ease with which the wealthy can evade taxes on unearned income as long as Switzerland and the ...
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