Summary:
The book delves into the world of offshore banks and tax havens, revealing how they enable the wealthy to hide assets and avoid taxes, thus contributing to inequality and undermining democracies. It provides an in-depth analysis of the scale of these hidden finances and offers concrete solutions for global tax evasion.
Key points:
1. Tax Havens Fuel Wealth Inequality: Zucman says tax havens help the rich dodge taxes, worsening wealth gaps. A lot of wealth is hidden, affecting wealth distribution.
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