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  1. Jason Robinson (jaywink@iliketoast.net)'s status on Sunday, 10-Apr-2016 15:28:50 UTC Jason Robinson Jason Robinson

    Wealth doesn't trickle down – it just floods offshore, research reveals | The Guardian

    #wealth #panamapapers

    http://www.theguardian.com/business/2012/jul/21/offshore-wealth-global-economy-tax-havens

    Old research but more than relevant today. Time to put the "wealth trickles down" bullshit away and start requiring the super rich do their part in society - or leave it.

    In conversation Sunday, 10-Apr-2016 15:28:50 UTC from iliketoast.net permalink

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    1. Wealth doesn't trickle down – it just floods offshore, research reveals
      from the Guardian
      A far-reaching new study suggests a staggering $21tn in assets has been lost to global tax havens. If taxed, that could have been enough to put parts of Africa back on its feet – and even solve the euro crisis, writes Heather Stewart
    • @mcscx@quitter.se likes this.
    • @mcscx@quitter.se repeated this.

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