Reposted by Europe Unpacked
Speaking to Euronews, Christian Hallum, the tax lead at Oxfam, stated that the ultra-rich are still sequestering "oceans of wealth" and warned that this is not merely a matter of clever accounting, but one of "power and impunity".
www.euronews.com/business/202...
euronews.com
Richest 0.1% hide more wealth than the poorest half of humanity owns
The world's ultra-rich have stashed around $2.84 trillion (€2.47tn) in untaxed offshore accounts, a figure that surpasses the combined wealth of the bottom 50% of the human population, according to a ...