Treasure Islands: Uncovering the Damage of Offshore Banking and Tax Havens

Name: Treasure Islands: Uncovering the Damage of Offshore Banking and Tax Havens
Price: 13.99 USD
Availability: InStock
Rating: 4.4 (739 reviews)

4.4 of 5 Stars: Taxation - Treasure Islands: Uncovering the Damage of Offshore Banking and Tax Havens

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Book Synopsis: A thrilling ride inside the world of tax havens and corporate masterminds.

While the United States experiences recession and economic stagnation and European countries face bankruptcy, experts struggle to make sense of the crisis. Nicholas Shaxson, a former correspondent for the Financial Times and The Economist, argues that tax havens are a central cause of all these disasters.

In this hard hitting investigation he uncovers how offshore tax evasion, which has cost the U.S. 100 billion dollars in lost revenue each year, is just one item on a long rap sheet outlining the damage that offshoring wreaks on our societies. In a riveting journey from Moscow to London to Switzerland to Delaware, Shaxson dives deep into a vast and secret playground where bankers and multinational corporations operate side by side with nefarious tax evaders, organized criminals and the world's wealthiest citizens. Tax havens are where all these players get to maximize their own rewards and leave the middle class to pick up the bill.

With eye opening revelations, Treasure Islands exposes the culprits and its victims, and shows how:

Over half of world trade is routed through tax havens
The rampant practices that precipitated the latest financial crisis can be traced back to Wall Street's offshoring practices
For every dollar of aid we send to developing countries, ten dollars leave again by the backdoor

The offshore system sits much closer to home than the pristine tropical islands of the popular imagination. In fact, it all starts on a tiny island called Manhattan. In this fast paced narrative, Treasure Islands at last explains how the system works and how it's contributing to our ever deepening economic divide.

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Looking for a thrilling read that will leave you questioning the very fabric of our economy? Look no further than Treasure Islands: Uncovering the Damage of Offshore Banking and Tax Havens. This groundbreaking book by Nicholas Shaxson takes you on a rollercoaster journey through the world of tax havens and corporate masterminds.

Discover the shocking truth behind the recessions and economic stagnation affecting countries around the globe. Shaxson boldly argues that tax havens are at the heart of these crises, draining countries like the United States of a staggering $100 billion in lost revenue each year.

From Moscow to London to Switzerland to Delaware, this gripping investigation exposes the clandestine playground where bankers, multinational corporations, and tax evaders operate freely. It reveals how these players manipulate the system to maximize their own profits, leaving the middle class to bear the brunt of the consequences.

Did you know that over half of world trade is routed through tax havens? And that the notorious practices leading to the financial crisis can be traced back to Wall Street's offshoring tactics?

Here's another eye-opening fact: for every dollar of aid provided to developing countries, ten dollars conveniently find their way back out through the backdoor. It's an alarming reality that Shaxson brings to light in Treasure Islands.

This gripping narrative starts on Manhattan, a seemingly innocuous island, before unraveling the intricate details of the offshore system that perpetuates our ever-growing economic divide. Brace yourself for shocking revelations as Shaxson exposes the culprits and their victims.

If you are ready to dive deep into an unraveling financial system and understand how tax havens and offshore banking impact our society, then Treasure Islands is a must-read. Explore the world of corporate greed, organized crime, and the wealthiest citizens and claim your copy today.

Don't miss this opportunity to uncover the truth. Click here to get your hands on Treasure Islands: Uncovering the Damage of Offshore Banking and Tax Havens and discover a world beyond your imagination.

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