WEALTHY HIDING MONEY
“As it turns out, a lot of
wealthy people
in the United
States, Europe, and
elsewhere have
been hiding money
in foreign
countries-above
all, Switzerland,
Luxembourg, and the Virgin
Islands. As a result,
they have been
able to avoid
paying taxes in their
home countries.”
Sunstein, Cass R, ‘Parking the Big Money,’ in The New York
Review, January 14, 2016, pp: 37-38, a review of The Hidden Wealth of
Nations: The Scourge of Tax Havens, by Gabriel Zucman, University of
Chicago Press, 2015.
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