The Wealth Hoarders
How Billionaires Pay Millions to Hide Trillions
by:
Chuck Collins
in:
Political Theory
Summary:
The book exposes the secretive systems used by the ultra-wealthy to hide their assets and avoid taxes through a network of wealth managers, tax havens, and shell companies. It also discusses the societal impact of this hidden wealth and proposes strategies to combat these practices and foster economic equality.
Key points:
1. Wealth Defense Industry: Collins describes the WDI, a group of experts helping the ultra-rich hide assets and dodge taxes, maintaining wealth inequality.
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